GOP May Skip Budget Process

Republican leaders may skip trying to pass a budget this year, according to POLITICO, which would effectively kill any possibility of repealing Obamacare or revamping entitlement programs this year. Foregoing a budget this year would limit with GOP leaders could pass because it would preclude them from using the reconciliation tool that allowed them to… Read more »

Republicans Pushing Tax Extenders Bill

Congressional Republicans are working to combine a number of tax provisions into one tax extenders bill that Congress could take up later this year. To date, Republicans on different sides of the Capitol have focused on different priorities, with Senate Finance Republicans seeking to extend several expired tax provisions that won’t be available for 2017… Read more »

Hatch Exit Triggers Race for Senate Finance Gavel

Sen. Orrin Hatch’s (R-UT) retirement frees up a coveted post as chairman of the Senate Finance Committee, which has jurisdiction over issues impacting the tax-exempt community. Hatch, who earlier this week announced his decision to step down at the end of 2018, has just helped to enact the first major overhaul of the tax code… Read more »

Another Short-Term Funding Bill Likely

Congressional leaders from both parties met with White House staff yesterday to begin hashing out a budget deal and avoid another government shutdown threat. Before the meeting, however, there was a lot of political posturing about the upcoming Jan. 19 deadline to avoid a shutdown. House Minority Leader Nancy Pelosi (D-CA) sent a letter to… Read more »

House to Vote on Short-Term CR Today

Fresh off their tax reform victory, GOP leaders are trying to avert a government shutdown by bringing a short-term funding bill to the House floor today. Speaker Paul Ryan (R-WI) is working to soothe his fractured caucus, some of whom are upset that leadership is not trying to pass full-year funding for the Pentagon. Ryan… Read more »