Daily Deduction

From a Busy Weekend to a Big Tax Vote

December 18, 2017 –

Friday evening: Republicans revealed their big tax and prepared for a final vote this week.

Sealing a Deal with Slippery Votes

December 15, 2017 –

Hill Republicans may reveal the final Tax Cuts and Jobs Act today. After backroom bargaining, GOP leaders are still working out last-minute issues.

"The Rules of the Conference"

December 14, 2017 –

The GOP had the framework of a tax deal before the conference committee met. The GOP expects a vote next week, before Senator-elect Doug Jones of Alabama takes his seat and before the Joint Committee on Taxation can analyze the final version of the Tax Cuts and Jobs Act.

Big TCJA Day, or Week, Ahead

December 13, 2017 –

So what’s going to be in the bill? Washington is awash in rumors about what’s in and what’s out of the compromise version of the House and Senate tax bills.

Will The TCJA Pay For Itself? Not Likely.

December 12, 2017 –

Treasury’s one-page study on the TCJA: Assuming a can opener.

An “Important… Special” and Fragile Tax Bill

December 11, 2017 –

Closer and closer to a deal? The Tax Cuts and Jobs Act conference committee will have its first open meeting on Wednesday. However, House GOP leaders say the bill is not likely to reach the floor this week.

Government doors are open!

December 8, 2017 –

But about that shutdown… The House and Senate each voted last evening to keep the government open until December 22.

Government shutdown tomorrow? "We'll see."

December 7, 2017 –

It could happen. Or not. President Trump told reporters that the government could shut down tomorrow given Democrats’ demands.

Under Pressure

December 6, 2017 –

“Pressure, pushing down on me.” The House Freedom Caucus raised concerns over the budget bill yesterday.

Quick Work and Some Complications

December 5, 2017 –

Compromising. The House and Senate need to work out some key differences between their versions of the Tax Cuts and Jobs Act.