Throughout the first six months of 2025, proponents of tax-exempt bond financing feared that Congress might eliminate the exemption of interest on such bonds from federal income taxation in its search for spending reductions...more
The new administration and Congress are working towards an extension of the 2017 Tax Cuts and Jobs Act (TCJA), the bulk of which expires at the end of 2025. In late February, the House passed a spending bill (H. Con. Res....more
3/26/2025
/ Federal Budget ,
Financial Markets ,
Income Taxes ,
Interest Rates ,
Investors ,
Legislative Agendas ,
New Legislation ,
State and Local Government ,
Tax Cuts and Jobs Act ,
Tax Exemptions ,
Tax Reform ,
U.S. House