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CQ's Paul M. Krawzak spells out the progress lawmakers are making on reaching a two-year budget deal that would most likely lift the 2011 budget caps.
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The Republican writers of the tax overhaul say that lowering taxes on corporations and others would spur economic growth even if the cuts produce a deficit. CQ's budget guru Paul M. Krawzak explains how the opposite could occur.
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In a special episode of The Week Ahead and Budget Tracker Extra podcasts, CQ journalists Shawn Zeller, David Lerman and Peter Cohn take a deep dive into the new tax bill and explain what it would mean for corporations, small businesses and individuals.
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Republicans are quickly trying to pass a tax overhaul plan but indications are that obstacles are around every corner, say CQ Tax Editor Catalina Camia and Budget Editor Peter Cohn, who explain the complications facing the plan.
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Republicans hailed their budget resolution as the key to unlocking a tax code overhaul, but history suggests a partisan tax bill could still face a rocky road, as CQ Budget editor Peter Cohn explains.
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Health care, border wall funding and legislation for Dreamers and an assortment of other issues are piling up and likely to complicate efforts for a year-end spending deal to avert a partial government shutdown, says CQ Budget reporter Jennifer Shutt.
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House and Senate Republicans are likely to wrangle over their competing budget resolutions to pave the way for a tax overhaul, says CQ budget reporter Ryan McCrimmon, who also explains why disaster aid is likely to increase.
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Both chambers are hoping to move on their respective budget resolutions that would pave the way for the much-ballyhooed tax overhaul, says CQ budget reporter Jennifer Shutt. But buried in the budget language is a provision aimed at opening an Alaska wildlife refuge to oil drilling, adds CQ energy reporter Jeremy Dillon.
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CQ budget reporter Paul M. Krawzak explains why a Senate budget resolution would add between $750 billion and $1.5 trillion or more to the deficit over 10 years, making any tax cuts temporary.
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Lawmakers on both sides of the aisle would like to lift the spending limits established by law, says CQ's budget reporter Jennifer Shutt, adding that it's just the latest budget issue to confront lawmakers along with passing a budget resolution and a tax overhaul.
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