President Obama released his budget today. He meets with the Vice President of China on Tuesday. On Wednesday, he visits Milwaukee, Wis., to deliver remarks about manufacturing at Master Lock. On Friday, he continues his focus on manufacturing in Seattle, Wash.
The Senate convenes today and will hold a vote on a circuit court nominee. The Senate will then likely work on the highway bill (S. 1813).
The House meets for a pro forma session today, but it doesn’t take up legislative business until Tuesday. Work on the American Energy and Infrastructure Jobs Act (H.R. 7) could take up much of the week. See the Majority Leader’s schedule here.
Senate Hearings: TUESDAY—The Armed Services Committee holds a hearing on the defense authorization request. The Budget Committee holds a hearing on President Obama’s budget. The Finance Committee also reviews the President’s budget. THURSDAY—A Health, Labor, Education and Pensions subcommittee considers “Addressing Workforce Needs at the Regional Level: Innovative Public and Private Partnerships.” The Budget Committee looks at the revenue proposals in the President’s budget. The Banking Committee holds a hearing on the European debt crisis. The Homeland Security and Governmental Affairs Committee holds a hearing on cybersecurity legislation.
House Hearings: MONDAY—The Oversight and Government Reform Committee holds a field hearing on “Exploring All the Energy Options and Solutions: South Texas as a Leader in Creating Jobs and Strengthening the Economy.” WEDNESDAY—An Energy and Commerce subcommittee considers “Where the Jobs Are: Employment Trends and Analysis.” Another Energy and Commerce subcommittee holds a hearing on reauthorization of the Medical Device User Fee Act. The Judiciary Committee examines President Obama’s recent recess appointments. The Budget Committee reviews the President’s budget. The Ways and Means Committee holds a hearing on the budget. The Armed Services Committee analyzes the defense budget. A Small Business subcommittee holds a hearing on “Broadband: A Catalyst for Small Business Growth.” THURSDAY—An Energy and Commerce subcommittee considers “Private-Sector Views of the Regulatory Climate One Year After Executive Order 13563.” A Small Business subcommittee examines the Disaster Loan Fairness Act. The Budget Committee looks at the revenue proposals in the President’s budget. FRIDAY—The Science, Space and Technology Committee reviews the research and development budget.
Executive Branch: The Cabinet secretaries are focused on the President’s budget today.
Economic Reports: From the New York Times: “Data will include retail sales for January, import prices for January and business inventories for December (Tuesday); industrial production for January (Wednesday); weekly jobless claims, the Producer Price Index for January, housing starts for January and the Philadelphia Fed index (Thursday); and the Consumer Price Index for January and leading economic indicators for January (Friday).”
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