Biden Releases New Budget

April 1, 2022

On Monday, the White House released its budget proposal for FY 2023 which includes a section on expanding opportunities for workers and small businesses and also repeals the Trump tax cuts.

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Short Timeline on Spending Bills

February 2, 2022

Lawmakers are facing a deadline of Feb. 18 when the current spending authorization expires, yet major obstacles remain to reaching consensus on topline spending levels.

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Tax Season Looms Large

February 2, 2022

Anticipation of a fraught tax season is leading Democrats to consider more funding for the IRS to assist and educate taxpayers.

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Updated ERTC Broadens Tax Credit

January 26, 2022

Changes to the Employee Retention Tax Credit (ERTC) have expanded business eligibility beyond its initial scope making nearly all business with fewer than 500 employees eligible for the credit.

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BBB Vote Delayed, Outlook Unclear

December 22, 2021

Sen. Joe Manchin stated over the that he wouldn't support the Build Back Better bill as-is, dashing Democrats' hopes of passing the bill before the Christmas break.

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Debt Limit Looms… Again

December 1, 2021

Despite last month's patch to increase to the U.S.'s borrowing authority limit, Treasury Secretary Yellen has cautioned that new limit could be reached as soon as Dec. 15.

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Update: Stopgap Spending Bill

December 1, 2021

Lawmakers have until Friday to pass a stopgap spending measure to avert a government shutdown, debate is ongoing but House leaders aim to vote on the bill today.

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