The Congressional Budget Office (CBO) recently found that extending the 2017 Tax Cuts and Jobs Act (TCJA) and adding $1.5 ...

The concurrent budget resolution for Fiscal Year (FY) 2025, adopted by the House last week and the Senate the week prior, ...

Policymakers are considering enacting several new tax cuts on top of the Tax Cuts and Jobs Act (TCJA) extension in the forthcoming reconciliation bill, including no taxes on tips, Social Securi ...

The Department of Education announced yesterday a multi-pronged plan to restart collections on defaulted loans and begin an outreach campaign to federal student loan borrowers that they need to ...

The concurrent budget resolution for Fiscal Year (FY) 2025 has been adopted by both the House and Senate. It includes reconciliation instructions that set up trillions of dollars in additional ...

Additionally, reporting indicates that some committees will soon begin marking up their portions of the reconciliation bill. In the House, the Energy and Commerce Committee and the Agriculture ...

The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring portions of the 2017 Tax Cuts and Jobs Act (TCJA).

As Congress continues to discuss a compromise budget resolution between the House and Senate, setting the stage for reconciliation, the choice of baseline for the eventual reconciliation bill is one ...