CQ ($$) reports that with any luck, the House lobbying reform bill will be complete by the end of May. "Democrats hope a leadership-endorsed bill will be introduced by the end of this week, but even the chairmen involved in drafting it say they don't yet have a clear idea of what will be in the measure or when it will pass." The article describes the areas of contention that have slowed down drafting the measure, including grassroots lobbying disclosure.

The EPA's Clean Air Scientific Advisory Committee (CASAC) is supposed to be a group of scientists who independently analyze standards for the implementation of the Clean Air Act. Those standards are integral in ensuring progressive air pollution limitations that embody the latest scientific and technological breakthroughs. As Reg•Watch has reported, CASAC recently recommended tighter standards for smog, much to the chagrin of industry and EPA brass.

The Social Security and Medicare Trustee report came out yesterday.

• See the report here.
• And CBPP's take.
• And CEPR's take.

The Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds (read: Social Security) released their annual report yesterday. It must be absolutely disturbing to prompt these remarks from Treasury Secretary Henry Paulson: Without change, rising costs will drive government spending to unprecedented levels, consume nearly all projected federal revenues, and threaten America's future prosperity. I urge my friends in Congress to join me in a bipartisan effort to strengthen both programs for future retirees.