As debt ceiling measures approach their deadline, both parties grapple with how to pass their initiatives.
WHAT YOU NEED TO KNOWCongress is off to one of its slowest starts in recent memory. House Republicans have passed only one of their marquee bills, and Senate Democrats continue their slog to confirm nominees—both judicial and agency wide. While House Republicans passed a series of messaging bills that are essentially dead-on-arrival in the Democrat-controlled Senate, they’re struggling to garner support within their conference for their top priorities, including immigration reform and big-tech regulation. As we look ahead to the spring and early summer, both ends of Pennsylvania Avenue will be focused on a handful of issues that could shape up or shake up the landscape for the remainder of 2023.
- Congress is off to its slowest start in decades with major legislation stalled until late spring/early summer.
- Decisions on the budget and debt ceiling have been elusive, and time is running short.
- Banking, defense, and energy-related issues enjoy a modicum of bipartisan agreement, but passing anything will have varying degrees of success.