House Republicans this week will use their majority to overturn Obamacare during a vote Wednesday, but with Democrats in control of the Senate that is as far as the congressional repeal effort is expected to go this year.
Prior to the vote, the House Ways and Means Committee will hold a hearing Tuesday on the implications of the Supreme Courtâ??s ruling that the individual mandate in the presidentâ??s health law is constitutional, particularly as it relates to Congressâ?? authority to lay and collect new taxes.
Rep. Dave Camp (R-Mich.), chairman of the tax-writing committee, says it is his panelâ??s responsibility to examine the implications of the courtâ??s findings.
Also this week the House Agriculture Committee will finish itâ??s work on a farm bill that is expected to cost around $900 billion for subsidies and the food stamp program over the next decade. However, House Republicans want to cut about $30 billion from the food stamp program, which now feeds an estimated 43 million Americans.
A House Financial Services subcommittee will hold a hearing on the impact of Dodd-Frank on customers, credit, and job creators, and the House Energy and Commerce Committee will hold a hearing to discuss new legislation that would prevent future Solyndra scandals.
Later this month, the House will have to turn its attention to Defense Department and other federal spending for the 2013 fiscal year.
As of press time, the Senate had yet to set its schedule for this week. However, Sen. Charles Grassley (R-Iowa) is expected to continue his investigation into the Justice Departmentâ??s Fast and Furious sting, while the full Senate is expected to take up the Small Business Jobs and Tax Relief Act.
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