Archive for August 2024

This Week in Congress Congress is in recess until September 9th. Return to the ASAToday page to read more articles.

ASA Supports Tax Relief for American Families and Workers Act On January 31st, the House passed H.R. 7024, the “Tax Relief for American Families and Workers Act,” by a vote of 357-70, with 47 Republicans and 23 Democrats voting against it. The House passed the package with wide bipartisan support after months-long negotiations between House…

Fall Attorneys Council Meeting Are you an attorney interested in learning and networking with construction lawyers from across the country? JOIN US this October for our Fall Attorneys’ Council meeting. Click here to learn more! Return to the ASAToday page to read more articles.

Senate Passes the Water Resources Development Act (WRDA) Last week, the Senate passed the Thomas R. Carper Water Resources Development Act of 2024 (S. 4367) by unanimous consent. The legislation authorizes new levee, harbor, and ecosystem restoration projects and set policy at the Army Corps of Engineers. The bill, named for the retiring committee chairman,…

Status Update on the FY25 NDAA (Defense Act) The Senate delayed work on its version of the defense authorization bill until at least September. Republicans and Democrats blamed each other for the impasse, which spells an uncertain future for the must-pass defense policy bill. Several GOP senators took to the floor to attack Majority Leader…

FY25 Appropriations Bills “You Can’t Always Get What You Want” “You can’t always get what you want,” and in this case, you cannot even get what you need. It’s August and we find ourselves in the same place as in past years, slowly rolling towards another continuing resolution (CR), putting departments and agencies in slow-down…

Update: Jobs and Interest Rates The U.S. added 114,000 jobs in July and the unemployment rate rose to 4.3 percent, per data released by the Labor Department. Economists expected the U.S. to add 175,000 jobs and keep the jobless rate steady at 4.1 percent, per consensus estimates. The Federal Reserve is leaving interest rates unchanged.…