2022 Outlook

We, like many, are asking ourselves where 2021 went, while preparing for year two of the Biden
Administration and another year of the seemingly unending pandemic. To quickly recap,
Congress wrapped up 2021 by addressing a couple of must-pass items (the debt ceiling and
National Defense Authorization Act (NDAA)), while leaving two big ticket items (government
funding and the Build Back Better Act (BBBA)) at the top of the agenda for 2022 – which also
happens to be a midterm election year. The Senate convened this morning, while the House
remains in recess until next week. Majority Leader Schumer (D-NY) and Senate Democrats will
waste no time in resuming discussions on passing the BBBA – although prospects for passage
seem even dimmer now than they did before the holidays.