Government & Public Affairs January 2007 Congressional Update

The new Democratic leadership addressed a number of their priorities during the first “100 hours” of this 110th Congress. The House voted to implement new ethics reforms, boost the
minimum wage, expand federal funding for stem cell research, implement additional homeland security initiatives, make changes to national energy policy, cut student loan interest rates and
authorized the government to negotiate prices for drugs covered under the Medicare program. We still await Senate action on these issues and to see what changes that chamber might make in
their versions of these bills.