OBBB Put Pressure on States to Raise Revenues, Analysts Say
Policy experts warned that the One Big Beautiful Bill (OBBB) is creating a fiscal crisis for states, forcing them to …
PCAOB Slashes 2026 Budget, Board Member Salaries in Historic Move Following SEC Pressure
Board members of the Public Company Accounting Oversight Board (PCAOB) voted unanimously to cut the spending plan by 9.4% for …
District of Columbia Enacts 2026 Budget Support Legislation
By Denis Del Bene, Checkpoint News The District of Columbia has enacted emergency budget support legislation for Fiscal Year 2026. …
Section 899 to Bring ‘Challenges’ But Will Survive in Senate Budget Bill, Tax Pros Say
Tax professionals expect a proposed addition to the Tax Code featured in the House-passed One Big Beautiful Bill Act (OBBBA, H.R. …
House Budget: Updated Cost, Distributional Estimates
Budget scorers and policy think tanks have weighed in on the budget reconciliation package’s expected impact on the federal deficit …
House Rules Committee Debates One Big Beautiful Bill
Editor’s note: The House passed the bill the morning of 5/22 by a vote of 215-214. One member voted “present” …
House Budget Bill Stalls in Committee, Throwing Off Timeline
Editor’s note, 5/19/2025: The committee held a second vote Sunday evening and the bill advanced by a slim 17-16 margin. …
The Tax Legislation Equation
Republicans have a “math problem,” a KPMG policy expert concluded, because extending tax cuts, the potential revenue raisers, and the …
House Tees Up Short-Term Funding Bill
The House plans to vote either December 14 or 15 on a one-week funding bill as negotiators for a year-long …