White House to Issue Budget Preview Friday

The White House is expected to release a “preview” of the president’s fiscal 2022 budget proposal tomorrow, which will help guide lawmakers in drafting appropriations bills. The Office of Management and Budget (OMB) is working to release a full budget sometime this spring, but OMB spokesperson Rob Friedlander told Roll Call last week that obstruction… Read more »

Biden Unveils $2.5T Infrastructure Package

President Biden unveiled a massive $2.5 trillion infrastructure and jobs package this week that the president views as a “once-in-a-generation investment in America.” Under what the White House is calling the American Jobs Plan, about $620 billion would be spent improving traditional infrastructure like roads, bridges and ports, along with high-speed Internet access. Major investments… Read more »

Biden to Roll Out ‘Build Back Better’ Plan Next Week

Fresh off enacting a $1.9 trillion COVID-19 relief bill earlier this month, President Joe Biden will roll out a sweeping $3 trillion infrastructure and social welfare package under his “Build Back Better” promise next week in Pittsburgh. The package will reportedly have two main components: an infrastructure plan for improving roads, bridges, rail, electrical vehicle… Read more »

White House PPP Changes Focus on Smallest Businesses

President Biden announced on Monday changes to the Paycheck Protection Program (PPP) that are designed to improve access to loans for very small companies and nonprofit organizations. As part of the changes, the Small Business Administration (SBA) will accept applications for PPP loans exclusively from companies with fewer than 20 employees for the next two… Read more »