A post in Roll Call’s “Beltway Insiders” blog argues that while most conversation about tax reform focuses on its effect on big business, any meaningful reform should also benefit “the lead horse when it comes to pulling the economy forward, creating new jobs and fostering innovation” — small business.
Construction spending in September rose to $1.094 trillion at a seasonally adjusted annual rate, the highest level since March 2008 — and the highest rate of increase since 2006, according to an analysis by the Associated General Contractors of America (AGC).
The White House and Congressional leaders have agreed on a two-year budget deal that will raise the debt limit and the spending limits set by the so-called sequestration process, according to sources close to the negotiations. The increased spending will be equally divided between defense and non-defense spending — increasing spending caps by $25 billion each in fiscal 2016 and by $15 billion each in fiscal 2017, according to a source briefed on the package.
In a positive sign for Concord’s clients in the architecture industry. The American Institute of Architects’ monthly Architecture Billings Index for September shows an upswing after a slight decline in August. The index has been positive in six of nine months this year.
With the expiration of Section 179D approaching at the end of 2013, Andrew Goldberg, the managing director of government relations and outreach for the American Institute of Architects, argues in the latest edition of the AIA’s journal that Congress should extend the provision.
At a press conference at 10:45 AM on Sept 22, 2015 Senate Democrats led by Senator Maria Cantwell (D-WA), Senate Minority Leader Harry Reid (N-NV), Senator Chuck Schumer (D-NY), and Senator Ron Wyden (D-OR) unveiled a comprehensive energy bill, including measures reforming energy tax incentives.