On Capitol Hill, there exists a debate about the future of the Bush tax cuts and the federal estate tax. While President Bush's 2001 tax policy eliminated the estate tax for 2010, it is set to return to pre-Bush tax cut levels in 2011 unless Congress intervenes. How Congress chooses to address the estate tax will have significant implications for the federal budget deficit and the fair distribution of the nation’s prosperity.

The month of August is seen as an important time in every Congress because the weeks-long recess breaks up the legislative calendar. As the number of legislative days dwindles, Congress is faced with a slew of spending bills, including a war supplemental bill, a small business jobs bill, and a slow-starting appropriations process. The sheer amount of spending bills that remain on the docket, and the tardiness of these bills, nearly guarantee at least one continuing resolution in the fall.

Sen. Frank Lautenberg (D-NJ) has introduced two related chemical facility security bills that would reduce the consequences of a catastrophic accident or terrorist attack at many of the nation's chemical plants and drinking water and wastewater treatment facilities. The legislation addresses many of the issues raised by a coalition of environmental and openness groups, but it fails to provide the accountability and transparency needed to ensure the government's chemical security program would actually make facilities and communities safe.

On July 21, a federal district court judge in Alaska issued an order halting all oil and gas activities in more than 29 million acres of the Chukchi Sea. The order said that the former Minerals Management Service (MMS) failed to adequately consider the environmental impacts of potential natural gas production in violation of the National Environmental Policy Act (NEPA).

The National Mining Association (NMA) filed a lawsuit on July 20 against the U.S. Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers (Corps) claiming that new enforcement guidelines issued by EPA in April unlawfully obstruct permitting of coal mining operations. NMA claims the new guidelines effectively prohibit certain types of surface mining and that EPA denied NMA the opportunity to review and comment on the guidelines before they became final.

The Federal Election Commission (FEC) recently voted 5-1 to approve advisory opinions allowing two political organizations to collect unlimited contributions for independent expenditures in federal campaigns. The groups, the conservative Club for Growth (the Club) and pro-Democratic Commonsense Ten, will disclose their donors and spending to the FEC. The opinions provide some guidance to entities that wish to raise and spend unlimited amounts of money to run ads supporting or opposing candidates for federal office.