The Week Ahead: The Week of July 14

By July 14, 2008General

The economy and energy and Fannie and Freddie should keep Congress alphabetically busy this week, at least with news releases and floor remarks. Medicare could spark a debate, as both chambers reimburse President Bush’s expected veto of H.R. 6331 with an override. The Hill has a timely story on the measure, which will restore Medicare doctor payments to previous levels.  The President has a quiet week policywise; he attends a White House dinner Wednesday honoring Major League Baseball, and heads to the West Coast Thursday to tour the California wildfire damage and appear at candidate events. House Republican Leader John Boehner leads a group of Republican House members on an energy-exporation trip to Colorado and Alaska’s North Slope, starting Friday.

At the National Association of Manufacturers today, Assistance Commerce Secretary Woody Sutton announces updated data measuring the value of exports for metropolitan areas through the first half of 2007.

The House convenes at 12:30 p.m. today and, following scores of suspensions today and Tuesday, considers three major bills on the floor: H.R. 415, naming a section of the Taunton River in Massachusetts a Wild and Scenic River (being revisited after it became an LNG terminal debate last week); H.R. 5959, the FY09 Intelligence authorization; and H.R. 3999, The National Highway Bridge Reconstruction and Inspection Act, i.e, Chairman Oberstar’s bill to upgrade bridge inspections. For the House floor schedule, see this release from the Majority Leader’s office.

The Senate convenes at 2 p.m. and on the agenda is S. 2731, the global AIDs bill.

For a full list of this week’s committee hearings, go to the Congressional Record starting here.

Senate hearings: The Banking Committee on Tuesday examines the semiannual monetary report to Congress, with testimony from Fed Chairman Bernanke. Energy and Natural Resources on Tuesday considers S. 3233, to promote developmentof a 21st century energy system , and S. 2730, dealing with clean energy. On Wednesday, an Environment and Public Works subcommittee holds a hearing on the NRC’s licensing of nuclear power plants; the full committee on Thursday hold a hearing on highway safety. The Finance Committee on Tuesday examines international enforcement on intellectual property rights, with testimony from Andrew Lack, chairman of Sony BMG, and Jeffrey Kindler, CEO of Pfizer.  On Thursday, Finance looks at innovation and health care quality. The HELP Committee on Tuesday  reviews the ADA.

House hearings: A Budget Committee hearing Wednesday on getting better value in health care. The Education and Labor Committee hearing Tuesday on DOL enforcement of wage and hour laws.  An Energy and Commerce subcommittee hearing Thursday on permanent nuclear waste disposal; another subcommittee the same day looks at building energy efficiency. On Wednesday, Financial Services holds a hearing on monetary policy and the economy. A House Foreign Affairs subcommittee on Thursday, “Aiding American Businesses Abroad: Government Action to Help Beleaguered American Firms and Investors.” House Oversight on Thursday holds a hearing on terminations of coverage in the individual health insurance market. A Science and Technology subcommittee hearing on Tuesday on NGOs and universities’ role in international science and technology cooperation. On Wednesday the full Science Committee marks up bills including H.R. 6323, on a research of technologies for heavy duty plug-in hybrid vehicles. A Transportation subcommittee hearing Wednesday on NHTSA’s highway traffic safety programs. Ways & Means subcommittee on Thursday looks at establishing a modern poverty measure.

Executive Branch: Commerce Secretary Gutierrez is Michigan today, first in Troy and then giving a speech at the Detroit Economic Club, “Boosting American Competitiveness: Trade, Technology and Taxes.” The new HUD Secretary speaks at the National Association of Counties’ conference in Kansas City; his name is Steve Preston. On Tuesday, Labor Secretary Chao addresses the Workforce Innovations Conference in New Orleans.

Economic Reports: The Bureau of Labor Stastistics releases the PPI for June on Tuesday, CPI on Wednesday, and June employment figures on Friday.

Finally, like two ships that pass in the night in Philadelphia, the National Governors Association concludes its summer meeting today, a gathering that marked the 100th anniversary of the NGA and focused on alernative energy, while the American Association for Justice continues its annual conference in the City of Brotherly Litigation through Wednesday.

Leave a Reply