WASHINGTON, July 18 -- The Congressional Budget Office issued the following cost estimate for the Ensuring Airline Resiliency to Reduce Delays and Cancellations Act (H.R. 3477). * * * H.R. 3477 would require passenger air carriers to develop and regularly update a strategy to prevent or limit the effects of severe weather and other anticipated disruptions on passengers. The bill would require the Department of Transportation to develop a method to protect the confidentiality of trade secrets o more PR

WASHINGTON, July 17 -- The Congressional Budget Office issued the following cost estimate for the Senior Security Act (H.R. 1469). * * * H.R. 1469 would require the Securities and Exchange Commission (SEC) to establish and administer a task force to identify challenges faced by senior investors, coordinate commission activities with respect to senior investors, and consult with state securities and law enforcement authorities and insurance regulators. The task force would be required to report more PR

WASHINGTON, July 13 (TNSLrpt) -- The Congressional Research Service issued the following report (No. R41909) on July 10, 2025, entitled "Multiyear Procurement and Block Buy Contracting in Defense Acquisition: Background and Issues for Congress" by naval affairs specialist Ronald O'Rourke. Here are excerpts: * * * Summary Multiyear procurement (MYP) and block buy contracting (BBC) are special contracting mechanisms that Congress permits the Department of Defense (DOD) to use for a limited num more PR

WASHINGTON, July 13 (TNSLrpt) -- The Congressional Research Service issued the following report (No. R41909) on July 10, 2025, entitled "Multiyear Procurement and Block Buy Contracting in Defense Acquisition - Background and Issues for Congress:" (Continued from Part 1 of 2) * * * Block Buy Contracting (BBC) BBC in Brief What is BBC, and how does it compare to MYP? BBC is similar to MYP in that it permits DOD to use a single contract for more than one year's worth of procurement of a given more PR