This
Week In Washington DC
Top 5 Stories
1.
The Obama administration
announced the US will normalize relations with Cuba, opening its first embassy
in Havana in more than 50 years, following 18 months of secret negotiations
between the two countries and the release of prisoners held by both nations.
Look ahead: Republicans have
threatened to impede efforts to confirm an ambassador to Cuba and provide
funding for an embassy.
2.
The omnibus appropriations bill
cleared the Senate on a 56-40 vote, after stalling due to demands from Sens.
Ted Cruz, R-Texas, and Mike Lee, R-Utah, for a vote to defund President Obama's
executive action on immigration.
Look ahead: While Republicans
intend to return to a regular budget process, the return of
sequestration-induced cuts could spur contentious debates over funding in the
next Congress.
3.
On a 76-16 vot, the Senate
granted final approval to a short-term extension of 54 tax breaks, retroactive
to Jan. 1, 2014, which is expected to add $42 billion to the federal deficit.
Look ahead: Lawmakers expect to resume
negotiations on a long-term agreement in the new year.
4.
Federal investigators have linked
North Korea to the cyberattack and terrorism threats against Sony Pictures
Entertainment, who then canceled the release of The Interview.
Look ahead: This sets a bad precedence
of succumbing to cyber threats and will embolden others to make more cyber attacks—look
for an increase in cyber attacks.
5.
A six-year extension of the
Terrorism Risk Insurance Act, which is designed to provide a federal backstop
for insurers in the event of a terrorist attack, died in the Senate amid opposition
from Sen. Tom Coburn, R-Okla., after passing the House on a 417-7 vote.
Look ahead: While the TRIA
program is expected to lapse now that the 113th Congress has adjourned, Senate
Republican leaders hope to take up legislation early in the 114th Congress.