T-21 Days Until the Expiration of the ACA eAPTCs: On Thursday, the Senate is expected to vote on a proposal from Democrats that would extend the expiring Affordable Care Act enhanced premium tax credits (eAPTCs) for three...more
In September, the Treasury Department and Internal Revenue Service (IRS) issued the 2025-2026 Priority Guidance Plan. The plan outlines priority guidance projects to be addressed from July 1, 2025, through June 30, 2026. The...more
On Nov. 19, Senate Majority Leader John Thune (R-SD) released the 2026 Senate calendar.
T-28 Days Until the Expiration of the ACA eAPTCs: With the House scheduled to be in session for two more weeks, Congress has yet to...more
On Tuesday, House Majority Leader Steve Scalise (R-LA) released the 2026 House calendar.
What’s Next After the Government Shutdown: Last week, the House approved the Senate-adopted continuing resolution (CR) by a vote of...more
Shutdown Week 7 – The End: Over the weekend, Senate Majority Leader John Thune (R-SD) kept the Senate in session to complete negotiations on a deal to end the ongoing government shutdown. After failing to advance a continuing...more
Shutdown Week 6: On Wednesday, Nov. 5, the federal government shut down that began on Oct. 1, became the longest in U.S. history. Last week, the Senate failed for the 14th time to advance a continuing resolution (CR) to keep...more
Shutdown Week 5: The federal government shutdown that began on Oct. 1 continues with no clear path to a conclusion. Last week, the Senate failed for the 13th time to advance a continuing resolution (CR) to fund government...more
Shutdown Week 4: The federal government shutdown that began on Oct. 1 continues without resolution. On Oct. 20, the Senate failed for the 11th time to advance a continuing resolution (CR) to fund government operations. The...more
Shutdown Outlook Week 3: The federal government shutdown that began on Oct. 1 continues without resolution, as the Senate remains unable to pass a continuing resolution (CR) to fund the operations of the government. The...more
10/16/2025
/ Affordable Care Act ,
Clean Energy ,
Digital Assets ,
Federal Funding ,
Government Shutdown ,
IRS ,
One Big Beautiful Bill Act ,
Popular ,
Proposed Legislation ,
Senate Finance Committee ,
Taxation
Shutdown Outlook Week 2: Since Oct. 1, the federal government has been partially shutdown after Congress failed to pass a continuing resolution (CR) to fund the operations of government due to disagreements over the extension...more
10/9/2025
/ Affordable Care Act ,
Continuing Resolution ,
Digital Assets ,
Electric Vehicles ,
Government Shutdown ,
Inflation Reduction Act (IRA) ,
IRS ,
One Big Beautiful Bill Act ,
Popular ,
Proposed Legislation ,
Senate Finance Committee
Government Shutdown Outlook: On Sept. 29, House and Senate majority and minority leaders, also known as the “Big 4,” met with President Trump to discuss the imminent federal government shutdown. The meeting ended without an...more
LEGISLATIVE LOWDOWN -
Trump Gives the Green Light for a Clean CR: House Republicans have introduced a short-term continuing resolution (CR) to fund the government through Nov. 21 to avoid a shutdown by the Sept. 30...more
FY26 Appropriations Outlook: House Republicans are weighing options to avoid a government shutdown as the Sept. 30 funding deadline approaches, with some movement toward a short-term stopgap plan. Freedom Caucus Chairman Rep....more
Congress Weighs FY2026 Funding for IRS, OECD and DOJ Tax Division: As Congress returns this week, lawmakers face a four-week window to resolve differences over government funding for fiscal year 2026 (FY2026). This includes...more
9/5/2025
/ Appropriations Bill ,
Budget Reconciliation ,
Clean Energy ,
Department of Justice (DOJ) ,
International Tax Issues ,
IRS ,
OECD ,
One Big Beautiful Bill Act ,
Popular ,
Tax Credits ,
U.S. Treasury
Speaker Johnson Kicks Off Discussions for Reconciliation 2.0: House Republicans are laying the groundwork for a second reconciliation bill this fall that aims in part to revive key provisions excluded from the One, Big,...more
Passthrough Deduction Eyed for Bigger Boost in Future Bill: House Republicans are weighing the possibility of a second major tax package following the recent enactment of their One, Big, Beautiful Bill Act (OBBBA, Public Law...more
Trump Signs OBBBA Into Law: On July 4, 2025, President Trump signed H.R. 1, the One, Big, Beautiful Bill Act (OBBBA), into law, codified as Public Law 119-21. The tax title of the legislation makes several provisions from the...more
On July 3, the House adopted the Senate substitute to H.R. 1, the One, Big, Beautiful Bill Act (OBBBA) by a vote of 218-214. The bill was signed into law on July 4, 2025 and is now Public Law 119-21....more
7/9/2025
/ Appropriations Bill ,
Biden Administration ,
Congressional Committees ,
Federal Budget ,
Legislative Agendas ,
New Legislation ,
Political Parties ,
Popular ,
Public Policy ,
Senate Committees ,
U.S. House
Senate Finance Tax Title Goes Through ‘Byrd Bath’: Senate Parliamentarian Elizabeth McDonough has initiated the Byrd Bath process for the Senate Finance Committee’s (SFC) tax title within the reconciliation package. Senate...more
On June 16, Senate Finance Committee Chairman Mike Crapo (R-ID) released text of the committee’s tax title for the Senate’s fiscal year (FY) 2025 budget reconciliation bill. The Finance Committee’s tax title (Title VII) makes...more
The Senate Republicans continue to meet internally and with stakeholders regarding the provisions of a reconciliation package (H.R. 1). Senate Majority Leader John Thune (R-SD) made it clear that the Senate will make...more
House Passes Reconciliation Package, with Senate Expected to Make Changes: On May 22, the House of Representatives passed H.R. 1, “The One, Big, Beautiful Bill Act,” legislation authorized under the FY 2025 concurrent budget...more
On May 22, the House of Representatives passed H.R. 1, “The One, Big, Beautiful Bill Act,” legislation authorized under the FY 2025 concurrent budget resolution (H. Con. Res. 14). The bill includes a broad range of...more
On May 22, the House of Representatives passed H.R. 1, “The One, Big, Beautiful Bill Act,” legislation authorized under the FY 2025 concurrent budget resolution (H. Con. Res. 14). The bill includes a broad range of...more
On Monday, May 12, House Ways and Means Committee (“Committee”) Chairman Jason Smith (R-MO) released text of the Committee’s tax title for the FY 2025 budget reconciliation bill—the amendment in the nature of a substitute...more