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Macro
Reconciliation & Debt Limit
House Republicans are conducting their planning retreat in Florida this week, at which they are trying to achieve unity on their various fiscal priorities. Thus far, they have not outlined any plans beyond those on which we commented last Friday. The most notable development was a speech by President Trump, at which he not only re-iterated his...
Infrastructure
Permitting Reform
A variety of developments have occurred that signal growing interest among policymakers in reforming/streamlining permitting for energy infrastructure. Republicans have long focused on this issue in order to facilitate the build out of more oil/gas production and distribution infrastructure, while Democrats have increased their focus on...
Elections
Federal Elections
It appears House Republicans are on track to win a net ~2-4 seats, retaining a very narrow majority of ~223-226 votes. With a 218 vote majority required for bills to pass in the House, Republicans will only be able to spare ~5-8 votes, which means a small faction will have leverage on legislation that passes on a partisan basis. Since both...
Elections
Federal Elections
As of this morning, former President Trump has won the swing states of GA, NC, PA and WI, providing him 276 electoral votes (EVs), above the 270 necessary to win. The races in AZ, MI, and NV have not been called, but they are all leaning in Trump’s direction. It also appears Trump is on track to win the popular vote. While there appeared to be...
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