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Speaker of the House Last week’s soap opera that took place on the House floor was day and nighttime drama at its best! After five days and 15 ballots, Kevin McCarthy was finally elected as Speaker of the House at 12:37 AM on Saturday. When McCarthy fell one vote short on the 14th ballot, he…

House Rules Package The text of 55-page rules document outlines the GOP priorities and procedures for the next two years including a three-page addendum that Speaker McCarthy agreed to during last week’s negotiations with the House Freedom Caucus and others. The document lays out the most controversial concessions McCarthy made in order to become speaker…

The House Plans to Slash the FY24 Budget The deal between Speaker McCarthy and his conservative detractors lays a foundation for massive spending cuts.  The House GOP lawmakers need to agree among themselves about what’s actually on the table. If spending bills for FY24  are capped at the FY22 levels, that assumes a reduction of…

House Committee Chairs The House Republican conference chose chairs for the 118th Congress.  The Chairs include: Rep. GT Thompson (R-PA), Chair, House Agriculture Committee Rep. Roger Williams (R-TX), Chair, Small Business Committee Rep. Jason Smith (R-MO), Chair, Ways and Means Committee Rep. Mark Green (R-TN), Chair Homeland Security Committee Rep. Virginia Foxx (R-NC), Chair, Education…

Peer-to-Peer Learning at SUBExcel! You’ve asked for it, and we listened!  In addition to the top notch speakers and education sessions that have always enhanced our annual event, this year’s SUBExcel will include more opportunities for you to share ideas and insights from your fellow attendees.  We look forward to hearing what these exciting new…

Debt Limit Debate House Republicans have set goals on the debt limit. “It says that we don’t want to agree to a debt limit without some sort of a control mechanism, budget reforms, spending reforms,” Rep. Hill (R-AR) said of the agreement, declining to elaborate on any concrete requirements regarding a debt-limit vote. Rep. Roy…

IRS Funding Rescission The House voted to cut nearly $80 billion from the IRS over the next decade. The agency said that the funds were to be used to hire personnel to address tax enforcement and improve taxpayer services and technology.  The House GOP’s rationale for the proposed cut is to try and prevent 87,000…

Taxes and Regulatory Concerns on the Horizon Taxes: While, the omnibus spending bill that passed at the end of 2022 included a number of provisions (good and bad).  In particular, the bill did not address a number of expiring and expired tax provisions.  Notably among these is the deduction for research and development (R&D) investment. …

Click Here to Apply for the Brianna Wright Memorial Scholarship Fund Brianna Wright Memorial Scholarship Fund Are you an Executive Director or Chapter Leadership member and interested in attending SUBExcel, but are worried that you don’t have the funds required due to financial constraints or your chapter lacking event funds?  Please consider applying for the Brianna…

Photo taken at the White House Holiday Reception on Monday, December 12, 2022! ASA Government Relations 2022 Recap Despite the ever-changing political, regulatory, and legislative landscape, the ASA Government Relations Team wanted to briefly update you on our 2022 legislative successes as we enter the holiday season. Though this year has proven to be challenging,…