‘Big Six’ Unify Around Tax Reform Framework

Administration officials have worked with congressional Republicans to draft a set of broad guidelines for enacting comprehensive tax reform later this year. The plan highlights areas of agreement among congressional tax-writing committees and the Trump administration, including a lower tax rate for all American businesses and incentives for American companies to bring back jobs and… Read more »

Senate Outlook for ACA Repeal is Grim

The Senate plan to repeal and replace the Affordable Care Act fell apart earlier this week, with Senate leaders unable to corral enough votes from conservative and moderate Republicans to advance their bill. Senate Majority Leader Mitch McConnell (R-KY) – who spent weeks trying to satisfy disparate voices in his own party to achieve a… Read more »

House Budget Plan Includes Spending Cuts

House Republicans unveiled a 2018 budget plan on Wednesday night that provides a path forward on tax reform but also includes more than $200 billion in spending cuts that could lead to further GOP infighting. Under the House plan, defense spending would steadily increase over 10 years while all non-defense discretionary spending would decline, as would… Read more »

Budget Showdown Looming This Fall

Congressional leaders remain preoccupied with health-care legislation this week, but a budget showdown is looming this fall that could lead to a government shutdown. Earlier this week, the House Appropriations Committee introduced a bill to fund Homeland Security at the administration’s requested level of $1.6 billion for the next fiscal year. That money would help… Read more »