Archive for July 2024

This Week in Congress This week, the House is in recess until September 9th and the Senate voted on online-child-safety-bills.  On Tuesday, the Senate Judiciary and Homeland Security Committees held a joint hearing regarding the attempted assassination of former President Trump and on Wednesday, the Energy and Natural Resources Committee considered the Energy Permitting Reform…

The FY25 NDAA and Delaying the Corporate Transparency Act (CTA) Sens. Scott (R-SC) and Lankford (R-OK) offered amendments to the FY25 National Defense Authorization Act (NDAA) to delay the Corporate Transparency Act (CTA)’s filing deadline by one year. Remaining consistent with our message to delay the implementation of the CTA, ASA joined 130 organizations in…

The Economy and National Debt U.S. Gross Domestic Product (GDP) grew at a 2.8% annualized rate over three months ending in September. That figure doubled the annualized rate of growth undertaken over the previous quarter.  Per the U.S. Bureau of Economic Analysis, “the economic expansion reflected a surge in consumer spending and the uptick in…

This Week in Congress This week, Congress returned for a two-week sprint before the August recess.  The House voted on a series of Fiscal Year 2025 spending bills, including Energy and Water Development and Related Agencies; Interior, Environment, and Related Agencies; Financial Services and General Government; and Agriculture, Rural Development, Food and Drug Administration, and…

This Week – ASA Carolinas Convention in Cape Fear, NC! Thursday through Sunday of this week, the ASA Carolinas Convention was held in Cape Fear, North Carolina.  Mike Oscar, ASA’s Government Relations Director, addressed the convention with the following topics: Promoting Prompt Payments through Legislative Action A core issue for the ASA in 2024 is…

House OSHA Hearing On Wednesday, the House Education and the Workforce Committee’s Subcommittee on Workforce Protections held a hearing on OSHA’s regulatory “overreach and skewed priorities.” Per Subcommittee Chair Kiley (R-CA), “it is critical that OSHA acknowledge and implement feedback from the employers and job creators who are affected by its top-down mandates to ensure…

Youth Build Funding Announced The U.S. Department of Labor (DOL) announced the availability of $99 million in YouthBuild Program grants that are intended to support the delivery of pre-apprenticeships in high-demand industries. These grants provide academic support, occupational skills training and employment services to young people, ages 16 to 24, in communities where they face…

This Week in Congress This week, the House and Senate returned for a quick four-day work schedule and recessed on July 11th for the Republican convention in Milwaukee, then they will reconvene on July 22nd.  Additionally, the House and Senate Appropriations Subcommittees continued to consider FY25 spending bills. Tuesday was a big day for economic…

FASA’s Preparation Guide for 2024 Natural Disasters As Hurricane Beryl wreaks havoc in Houston, TX, we remind all ASA members about the Foundation of the American Subcontractors Association (FASA) preparation guide for natural disasters.  The guide cites statistics from the Federal Emergency Management Agency (FEMA) that 40% of businesses do not reopen following a natural disaster.…

Senate Advances the FY25 National Defense Authorization Act (NDAA) On Monday, the Senate Armed Services Committee Chairman Reed and Ranking Member Wicker filed S. 4638, the National Defense Authorization Act for Fiscal Year 2025 (NDAA). The bill authorizes $911.8 billion for military and national security programs at the Departments of Defense and Energy. The bill…