Legislative Update
BIAA staying on top of the legislature reports the following:
Appropriations Update
On Wednesday, marking President Obama's first 100 days in office, Congress adopted a fiscal year 2010 budget resolution, setting the stage for action on many of his top legislative priorities. Being a non-binding framework used by Congress to make legislative decisions on taxes, appropriations and entitlement programs later in the year, it is important to note that the $3.56 trillion budget resolution includes reconciliation instructions that would allow the President's proposed healthcare overhaul to move through Congress immune from a Senate filibuster. (CQ)
BIAA will continue to monitor the appropriations process with a special edition of Policy Corner next Wednesday. The President's budget, in its entirety, is expected to be released early next week.
