Tax Update, Corporate Transparency Act, Overtime Proposed Rule, Worker Walkaround Rule

The ever-shrinking Republican majority in the U.S. House of Representatives continues to stymie almost all congressional efforts to govern.  As I type, Speaker Mike Johnson has seen his majority dwindle to 219-213, a margin of just two votes to hold onto the speakership.  In the last few weeks, Republican leadership lost six votes on the House floor, something that would have seemed impossible just a few years ago. Congress has yet to fully fund government for the current fiscal year, which began back on October 1, 2023.  The current two-step continuing resolution that is keeping government open expires on March 1st and March 8th, and threats of a government shutdown are once again upon us.  

The inability of Congress to function has not prevented two other events: the continuing advance of the Biden Administration’s regulatory overreach, and the official launch of the 2024 election season.  NAW has been busy pushing back against these new proposed regulations and is increasingly engaging with the courts to prevent the power grab of the executive branch.   Politically, we have also ramped up engagement with the first House and Senate primaries coming on March 5th.   NAW and NAW-PAC are working to build a pro-business Congress that can govern effectively. Early engagement with candidates and introducing them to our issues, and the importance of our free enterprise system for all Americans, is vital. 

- Brian Wild

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