President Obama meets with Georgian President Mikheil Saakashvili today. Later, he hosts a chat on Google +. Wednesday, he crosses the Potomac and delivers remarks on the economy in northern Virginia. On Thursday, he attends the National Prayer Breakfast.
The Senate convenes this afternoon and will hold a procedural vote on the congressional insider trading bill (S. 2038).
The House returns on Tuesday and will vote on a motion to go to a House-Senate conference on the Federal Aviation Authority reauthorization bill (H.R. 658). The House will also take steps toward repealing a program established by President Obama’s health-care law. Later in the week, the House will consider legislation that would reform the budget process.
See the Majority Leader’s calendar here.
Senate Hearings: TUESDAY—The Energy and Natural Resources Committee holds a hearing on the energy outlook for 2012. The Finance Committee looks at tax extenders and tax reform. The Banking Committee conducts an oversight hearing on the Consumer Financial Protection Bureau. WEDNESDAY—The Small Business Committee holds a hearing on entrepreneurship. The Budget Committee ponders the “Outlook for the Eurozone.” THURSDAY—The Energy and Natural Resources Committee examines “America’s Nuclear Future.” The Health, Education, Labor and Pensions Committee considers college affordability. The Budget Committee holds a hearing on the “Budget and Economic Outlook: FY2012-2022.”
House Hearings: MONDAY—A Transportation and Infrastructure subcommittee holds a field hearing on the Coast Guard’s readiness to respond to oil spills. WEDNESDAY—An Energy and Commerce subcommittee holds a hearing on “America’s Nuclear Future.” The Oversight and Government Reform Committee looks at President Obama’s recent recess appointments. An Energy and Commerce subcommittee holds a hearing on reauthorization of the Prescription Drug User Fee Act. A Science, Space and Technology subcommittee looks at the Environmental Protection Agency’s (EPA) research on fracking. The Education and Workforce Committee holds a hearing on “Expanding Opportunities for Job Creation.” A Financial Services subcommittee considers the Manufactured Housing Improvement Act of 2000. The Budget Committee receives testimony from Congressional Budget Office Director Doug Elmendorf on the budget and economic outlook. A Judiciary subcommittee holds a hearing on “Prior User Rights: Strengthening U.S. Manufacturing and Innovation.” The Small Business Committee considers “The Path to Job Creation: The State of American Small Businesses.” THURSDAY—An Education and Workforce subcommittee looks at challenges facing the Pension Benefit Guaranty Corporation. The Budget Committee hears about the state of the economy from Federal Reserve Chairman Ben Bernanke. FRIDAY—A Science, Space and Technology subcommittee examines “Fostering Quality Science at EPA.”
Executive Branch: Vice President Joe Biden speaks to the Conference of Chief Justices today. On Wednesday, Commerce Secretary John Bryson will be in Pittsburgh, Pa., to deliver remarks on manufacturing. On Friday, Secretary of State Hillary Clinton leaves for Germany and Bulgaria.
Economic Reports: From the New York Times: “Data will include personal income and spending for December (Monday); the S.& P./Case-Shiller home price index for November, the Chicago purchasing managers index for January, and consumer confidence for January (Tuesday); ADP employment for January, the I.S.M. manufacturing index for January and construction spending for December (Wednesday); weekly jobless claims and productivity for the fourth quarter (Thursday); and unemployment for January, the I.S.M. nonmanufacturing index for January and factory orders for December (Friday).”