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 …