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    <title>LMH News — Policy</title>
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    <description>Tax, spending, trade and regulatory measures tracked through drafting, consultation and implementation, with the fiscal cost and effective date stated.</description>
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    <category>Policy</category>
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      <title>What the Debt Limit Is, and What Happens if Congress Misses It</title>
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      <description><![CDATA[The debt limit caps Treasury borrowing for spending Congress already approved. Here is what happens at the limit, how standoffs ended, and where both parties stand.]]></description>
      <pubDate>Fri, 28 Aug 2026 08:55:12 GMT</pubDate>
      <dc:creator>Henrik Larsen</dc:creator>
      <category>Policy</category>
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      <title>How a Continuing Resolution Actually Funds the Government</title>
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      <description><![CDATA[Congress has finished its full appropriations process on time only three times in 47 years, making stopgap spending bills the routine way agencies stay funded.]]></description>
      <pubDate>Tue, 18 Aug 2026 08:45:13 GMT</pubDate>
      <dc:creator>Henrik Larsen</dc:creator>
      <category>Policy</category>
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      <title>How the Federal Budget Timeline Actually Works</title>
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      <description><![CDATA[The federal budget timeline: February request, April resolution, 12 appropriations bills, October 1 deadline — and why it always slips.]]></description>
      <pubDate>Sat, 01 Aug 2026 12:00:00 GMT</pubDate>
      <dc:creator>Henrik Larsen</dc:creator>
      <category>Policy</category>
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      <title>How SNAP Work Requirements Are Structured</title>
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      <description><![CDATA[SNAP work requirements: the 80-hour rule, the three-month time limit, waivers, and what the 2025 law's expansions change.]]></description>
      <pubDate>Tue, 14 Jul 2026 12:00:00 GMT</pubDate>
      <dc:creator>Henrik Larsen</dc:creator>
      <category>Policy</category>
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      <title>How the Federal Reserve&apos;s Bank Stress Tests Work</title>
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      <description><![CDATA[Fed stress tests: severe-adverse scenarios, stress capital buffers, the banks' lawsuit — how the June exercise sets bank capital.]]></description>
      <pubDate>Sun, 21 Jun 2026 12:00:00 GMT</pubDate>
      <dc:creator>Henrik Larsen</dc:creator>
      <category>Policy</category>
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      <title>What PAYGO and House Budget Rules Actually Require</title>
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      <description><![CDATA[PAYGO explained: the OMB scorecard, sequestration that never quite falls, House points of order — and why waived rules still matter.]]></description>
      <pubDate>Wed, 03 Jun 2026 12:00:00 GMT</pubDate>
      <dc:creator>Henrik Larsen</dc:creator>
      <category>Policy</category>
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      <title>How the Estate Tax Works in 2026</title>
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      <description><![CDATA[Estate tax 2026: $15 million exemption, 40 percent rate above it, portability and farm relief — who actually pays and how it works.]]></description>
      <pubDate>Sat, 16 May 2026 12:00:00 GMT</pubDate>
      <dc:creator>Henrik Larsen</dc:creator>
      <category>Policy</category>
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      <title>How Section 1115 Medicaid Waivers Work</title>
      <link>https://lmhnews.com/policy/how-section-1115-medicaid-waivers-work/</link>
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      <description><![CDATA[Section 1115 waivers let states rewrite Medicaid with federal signoff — the tool behind work requirements, expansion demos and coverage fights.]]></description>
      <pubDate>Thu, 23 Apr 2026 12:00:00 GMT</pubDate>
      <dc:creator>Henrik Larsen</dc:creator>
      <category>Policy</category>
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      <title>What the Congressional Review Act Actually Does</title>
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      <description><![CDATA[The Congressional Review Act lets Congress kill a new rule in 60 session days, filibuster-free — used most in 2017 and 2025. How it works.]]></description>
      <pubDate>Tue, 31 Mar 2026 12:00:00 GMT</pubDate>
      <dc:creator>Henrik Larsen</dc:creator>
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      <title>What the Senate Parliamentarian Actually Does</title>
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      <description><![CDATA[The Senate parliamentarian rules on what fits a reconciliation bill. Her office, her Byrd-bath power, and why neither party overrules her.]]></description>
      <pubDate>Mon, 23 Feb 2026 12:00:00 GMT</pubDate>
      <dc:creator>Valentina Sokolov</dc:creator>
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      <title>How Federal Rulemaking Works: The Notice-and-Comment Process</title>
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      <description><![CDATA[Notice-and-comment rulemaking explained: the APA steps, OIRA review, judicial limits after Loper Bright, and how rules are undone.]]></description>
      <pubDate>Mon, 26 Jan 2026 12:00:00 GMT</pubDate>
      <dc:creator>Valentina Sokolov</dc:creator>
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      <title>How Budget Reconciliation Works in the Senate</title>
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      <description><![CDATA[How budget reconciliation works: the Byrd rule, the Senate parliamentarian, and why 51 votes can move tax and spending law.]]></description>
      <pubDate>Tue, 30 Dec 2025 12:00:00 GMT</pubDate>
      <dc:creator>Henrik Larsen</dc:creator>
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