What is Happening on Capitol Hill

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About NASE

The NASE was founded in 1981 to provide day-to-day support, including direct access to experts, benefits, and consolidated buying power that traditionally had been available only to large corporations. Today the NASE represents hundreds of thousands of entrepreneurs and micro-businesses, and is the largest nonprofit, nonpartisan association of its kind in the United States.

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What is Happening on Capitol Hill

Friday, March 25, 2022

This past week, the President signed the $1.5 trillion government funding bill with Ukraine aid. The funding bill, which received bipartisan approval, passed the Senate in a 68-31 vote and the House 361-69. This will provide funding through September 30, 2022.

The legislation will provide the following:

  • $13.6 billion in new aid to Ukraine
  • $730 billion in non-defense funding -- a 6.7% increase over fiscal year 2021 – to fund the majority of the President’s bipartisan infrastructure deal
  • $782 billion in defense funding, a 5.6% increase over fiscal year 2021. The government is now funded through fiscal year 2022, which started in October.

The bill did not include additional COVID-19 funding that was requested by the President.

In other Hill news, the Senate did pass a bipartisan bill to make daylight savings permanent. The House hasn’t said when they would take up the legislation, but Speaker Pelosi said she is supportive of the measure.

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Courtesy of NASE.org
https://www.nase.org/about-us/2022/03/25/what-is-happening-on-capitol-hill