Bloomberg Exclusives

Senate readies for budget vote amid talk of bipartisanship

Democrats readied a series of amendments to the budget resolution that would preserve the state and local tax deduction, prevent tax cuts for wealthy individuals, and prohibit tax cuts from adding to the deficit.

Measure would repeal law that torpedoed Trump’s drug czar pick

Democrats in the Senate introduced a measure to repeal a law backed by industry groups that made it harder to bring enforcement actions against pharmaceutical manufacturers and drug stores and has been blamed for spurring opioid abuse in the U.S.

White House ‘not there yet’ on infrastructure bill: Sen. Moran

The White House’s highly-anticipated infrastructure bill isn’t ready for legislative action, because the administration continues to work out the financing, according to several Senate Republicans.

In Congress, the center hasn’t held

Party-line voting is the norm. Conservative Democrats and liberal Republicans are all but extinct, and there aren’t many lawmakers left in the middle.

What if nonprofits are tapped to help pay for tax cuts?

Nonprofits could be squeezed in tax reform if Republicans decide to expand the instances in which the organizations must pay taxes—a move that would carry political consequences but would help bring in some revenue for rate cuts.

McConnell plans conservative judicial strategy amid health, tax battles

Congressional Republicans keep running into obstacles as they try to deliver overhauls of health care and tax laws by year’s end, but Senate Majority Leader Mitch McConnell (R-Ky.) has one key priority he can pursue without considering politics outside his chamber: the confirmation of judges to serve on the federal bench.

Congress can be lonely for a centrist

Party-line voting is the norm. Conservative Democrats and liberal Republicans are all but extinct, and there aren’t many lawmakers left in the middle.

Civilian agency spending rises to highest level since FY 2010

Aggregate civilian agency contract spending in fiscal 2017 grew by 3.8 percent to $178 billion — the highest level since fiscal 2010 — from $172 billion the year before. The federal fiscal year ended Sept. 30.

$50 billion hurricane aid package seen quickly moving to House floor

The size of the latest hurricane aid package to spur recovery in ravaged areas is expected to explode after the powerful Texas congressional delegation demanded that $18.7 billion be added to President Donald Trump’s $29 billion request.

Procurement may be trending toward value over price

The number of times federal agencies have requested lowest-price, technically acceptable bids in contract solicitations has shot up over the past decade, an examination of Bloomberg Government data shows.