Which Tax Breaks will Survive and which will Die?

President Trump is looking at his first major legislative victory, promising “massive” and “historic” tax cuts after a reform bill passed both chambers of Congress. But before a bill can get to his desk, the House and the Senate need to merge their two proposals into...

Supreme Court Enforces Trump’s Travel Ban

Handing the White House a huge judicial victory, the U.S. Supreme Court on Monday ruled in favor of President Trump’s travel ban affecting residents of six majority-Muslim countries. The justices said the policy can take full effect despite multiple legal challenges...

Senate GOP: Making Changes

Senate Republicans are rushing to change their tax overhaul just days before a planned floor vote, with GOP leaders trying to appease at least a half-dozen holdouts. Senate Majority Leader Mitch McConnell can lose only two votes and still pass the bill by week’s end....

Senate GOP gets breathing room as tax plan advances

Senate Republicans got some sorely needed momentum behind their tax overhaul Tuesday as key GOP swing votes inched closer to backing the legislation — after Senate leaders launched a frenzied round of negotiations to persuade the holdouts. The Senate Budget Committee...

2017: Analysis of the Senate’s Tax Cuts and Jobs Act

Introduction On November 9, 2017, Sen. Orrin Hatch (R-UT), Chairman of the Senate Finance Committee, released the Senate’s version of a tax reform plan, known as the Tax Cuts and Jobs Act. This follows the release by House Ways and Means Chairman Kevin Brady (R-TX) of...