A Treasury Department-led task force released a series of recommendations this week to overhaul the U.S. Postal Service’s business model without overly burdening taxpayers. Between fiscal 2007 and fiscal 2018, the USPS experienced net losses totaling $69 billion and is forecasted to lose tens of billions of dollars more over the next decade if its… Read more »

Both the House and Senate passed a continuing resolution today to fund the government for two weeks, through Dec. 21, to allow more time to negotiate funding for nine Cabinet departments and dozens of smaller federal agencies. President Trump has said he will sign the stopgap funding measure, but he still wants $5 billion for… Read more »

Time is running short for this Republican-controlled Congress to pass a substantial new tax package, but ASAE is still urging lawmakers to repeal a provision in last year’s tax law that forces nonprofit institutions to pay a 21 percent tax on parking and transportation benefits for their employees. House Ways and Means Committee Chairman Kevin… Read more »

ASAE sent a letter to the Treasury Department earlier this week asking the department to mitigate the impact of a 21% excise tax on certain tax-exempt executive compensation, enacted as part of last year’s Tax Cuts and Jobs Act (TCJA). As ASAE explained in a letter to members, the tax might appear to impact only… Read more »

ASAE is proud to recognize the following 2018 Power of A Silver Award winners for their efforts to improve lives through access to utilities, funding, and services that enhance well-being. Edison Electric Institute – Puerto Rico Power Restoration On September 20, 2017, Hurricane Maria made landfall in Puerto Rico as a Category 4 storm, causing… Read more »