How Budget Reconciliation Works for Tax Cut Extensions
Talking Tax19 Helmi 2025

How Budget Reconciliation Works for Tax Cut Extensions

Republicans in Congress have been working to find consensus to cement tax code changes made in President Donald Trump’s first presidency and jump-start his new administration using the budget reconciliation process. The maneuver allows Republicans with full control of Washington to avoid the Senate’s filibuster, so they can effectively move legislation without Democrats’ support. But the process is complicated and comes with many potential pitfalls. The process will be made all the more difficult for congressional GOP leadership, which must deal with the pressures of Trump's demands for tax cuts while guiding its fractious conference. House GOP lawmakers in particular will need near-uniform consensus because of its thin majority. Sarah Binder is a senior fellow in governance studies at Brookings and a professor of political science at George Washington University. She specializes in Congress and legislative politics as well as Congress’s relationship with the Federal Reserve. On today’s Talking Tax, Binder walks Bloomberg Tax reporter Chris Cioffi through the history of reconciliation since it was created in the 1970s and what lawmakers can and can't enact through the process. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690

Jaksot(430)

Talking Tax- Episode 59- Federal Tax Implications of Crowdfunding

Talking Tax- Episode 59- Federal Tax Implications of Crowdfunding

Professor Charlene Luke, University of Florida Research Foundation Professor at the Levin College of Law, joins Talking Tax host Andrea Ben-Yosef to discuss the federal tax implications of crowdfundin...

15 Helmi 201823min

Talking Tax- Episode 58- Takeaways From the Recent ABA Tax Section Meeting

Talking Tax- Episode 58- Takeaways From the Recent ABA Tax Section Meeting

The American Bar Association Section of Taxation meeting in San Diego this month was all about how IRS and Treasury officials view the new tax law. The tax reform bill becoming law is only the first ...

12 Helmi 20188min

Talking Tax - Episode 57- Differences in Pass-through, C Corporation Taxation

Talking Tax - Episode 57- Differences in Pass-through, C Corporation Taxation

The new tax law lowers the corporate tax rate to 21 percent—a change that some lawmakers have suggested could prompt pass-through entities to convert to C corporations. Michael D'Addio, a principal ...

29 Tammi 201818min

Hill Roundtable- Episode 56- Federal Tax Priorities for the Coming Year

Hill Roundtable- Episode 56- Federal Tax Priorities for the Coming Year

Congress now has a host of smaller tax issues to contend with after passing legislation overhauling many aspects of the Internal Revenue Code. The Republican-led House Ways and Means and Senate Finan...

22 Tammi 201812min

Talking Tax - Episode 55 - Bloomberg Tax Advisory Board Members Dissect New Tax Law

Talking Tax - Episode 55 - Bloomberg Tax Advisory Board Members Dissect New Tax Law

The new tax law made extensive changes to the U.S. tax code, setting up a massive need for stakeholders to understand the law's complexities and possibly rethink their tax plans. Bloomberg Tax repor...

18 Tammi 201827min

Talking Tax- Episode 54- The European Union and the Digital Economy

Talking Tax- Episode 54- The European Union and the Digital Economy

Gary D. Sprague of Baker McKenzie joins Talking Tax with host Dolores Gregory for a discussion of the EU’s efforts to tax the “digital economy.” Gary is a regular contributor to the TM Internati...

10 Tammi 201827min

Hill Roundtable- Episode 53- Getting into the Weeds of the New Tax Law

Hill Roundtable- Episode 53- Getting into the Weeds of the New Tax Law

The Internal Revenue Service and Treasury Department are gearing up to implement the new tax law, a significant undertaking that will be their focus for 2018. At the same time, lawmakers will likely ...

2 Tammi 201810min

Talking Tax- Episode 52- Bitcoin: Investment and Trading Tax Issues

Talking Tax- Episode 52- Bitcoin: Investment and Trading Tax Issues

Jim Calvin, of Deloitte LLP, joins Talking Tax with host Andrea L. Ben-Yosef to discuss bitcoin and how to view it from a tax perspective. Calvin explains how bitcoin works; addresses the most commo...

21 Joulu 201725min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
rss-ootsa-kuullut-tasta
politiikan-puskaradio
ootsa-kuullut-tasta-2
tervo-halme
viisupodi
rss-podme-livebox
rss-asiastudio
rikosmyytit
the-ulkopolitist
et-sa-noin-voi-sanoo-esittaa
otetaan-yhdet
radio-antro
rss-sanna-ukkola-show-verkkouutiset
io-techin-tekniikkapodcast
aihe
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
rss-kyselytunti
rss-tekkipodi