Insights: Clients

The Congressional Budget Office (CBO) is projecting that the "X date" for the debt limit (i.e., date at which the government runs out of cash) will be reached in August/September, but may be reached as early as May if tax receipts come in lower than anticipated. As you may recall, House Republicans included "instructions" in their budget...

Energy, Financials, Healthcare, Macro, Tech / Media / Telecom

Senate Republicans are this week planning to begin consideration of a joint budget resolution that will eventually get adopted by the House as well. It appears Republicans are preparing to forgo the typical process for agreeing in the context of the budget resolution on the basic parameters of how they’ll achieve spending cuts, and will wait...

Tech / Media / Telecom

Universal Service Fund (USF)

The Supreme Court heard oral arguments as to whether the FCC’s Universal Service Fund (USF) subsidy is unconstitutional.

Tech / Media / Telecom

Ahead of the expiration of President Trump’s pause on the ban of TikTok (April 5), reports indicate the White House is engaged in serious talks with Oracle for the company to oversee the U.S.-based operations of TikTok.

Tech / Media / Telecom

AI/Semiconductors

The tech industry is urging the White House to repeal or alter the pending AI Diffusion rule, a regulation imposed by the Biden administration that starting in May will restrict exports of semiconductors used to run AI models. U.S. allies Poland and Israel have criticized the rule, saying it would hamper their growth and force their companies to...

Drug Pricing (IPI/MFN)

President Trump has repeatedly complained about the disparity in the price of drugs in the U.S. versus in other countries, and HHS/CMS explored international reference pricing during his first term. Dr. Mehmet Oz, Trump’s nominee to lead CMS, referenced the concept in his recent confirmation hearing. The America First Policy Institute (AFPI), a...