Tag Archives: House Budget Committee

President Trump’s Budget to be Released; Appropriations Committee Work for FY 2018 Begins

Legislative Activity President Trump’s FY 2018 budget This week brings the long-anticipated full details of President Trump’s FY 2018 budget, which is expected to be released on Tuesday. The Administration’s “skinny budget” released in March indicated the potential for large cuts to several agencies amounting to a $54 billion reduction in domestic spending. The budget … Continue Reading

Appropriators Turn Attention to FY 2018 Process Without the Guidance of a Budget Resolution; President Trump’s FY 2018 Budget Proposal Anticipated on May 23

Legislative Activity Appropriators Turn Attention to FY 2018 Process Without the Guidance of a Budget Resolution Now that the FY 2017 budget is finalized, appropriators are ready to focus on the FY 2018 process, even though the budget committees have yet to produce a budget resolution to provide topline spending levels for the upcoming fiscal … Continue Reading

Fiscal Year 2018 Pared-down Budget Expected in “Next Few Weeks”; Reconciliation Timeline Still Unclear; Border Wall Costs Higher than Expected

Legislative Activity President Trump’s FY 2018 Budget Proposal The Trump Administration intends to release a FY 2018 budget proposal within the “next several weeks” according to President Trump’s Press Secretary, Sean Spicer. It is likely that this submission will be an outline (“skinny budget”) which will lay the groundwork for a more complete budget plan … Continue Reading

International Tax Reform-Highway Funding Negotiations Stall; OECD to Release BEPS Proposals

Legislative Activity International Tax Reform-Highway Funding Negotiations Stall Following months of coordination between House Ways and Means Committee Chairman Paul Ryan (R-WI) and senior Senate Finance Committee member Chuck Schumer (D-NY) regarding tying international tax reform to highway funding, aides for the two lawmakers last week announced that negotiations had stalled as a result of … Continue Reading

Lawmakers Consider Tax Policy’s Impact on the Economy; Treasury May Release Anti-Inversion Guidance in 2015

Legislative Activity White House Sends Economic Report to Congress On February 19, the White House released the Economic Report of the President, together with the Annual Report of the Council of Economic Advisors. In the report, the Administration weighs the merits of various approaches to tax reform, including repealing the corporate income tax, cutting the … Continue Reading
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