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Last Week

After a weekend of arm-twisting, the House managed to pass legislation granting the president Trade Promotion Authority. The legislation now moves over to the Senate to complete before both houses adjourn for the Fourth of July. The House also passed legislation repealing the unpopular medical device tax. The Affordable Care Act includes a 2.3% excise tax on items ranging from prosthetic devices, hearing aids, pacemakers, dentures and much more. The Senate wrapped up debate and passed the National Defense Authorization Act and immediately moved to take up the defense appropriations, but was not able to achieve the 60 votes needed to open debate. more


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