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Trump Administration › Internal Revenue Code (IRC) › Budget Reconciliation

K&L Gates LLP

President's Remarks Keep the Pressure on Congress to Deliver on Taxes

K&L Gates LLP on

President Trump used his 4 March 2025 address to the joint session of Congress to remind the American public and Congressional leaders that he is serious about adding his imprimatur to the tax code—and in the process adding...more

Skadden, Arps, Slate, Meagher & Flom LLP

Possible Tax Reforms Could Run Up Against Deficit and Debt Concerns

Skadden, Arps, Slate, Meagher & Flom LLP on

Key Points - - Many of the tax reform suggestions President-elect Trump floated during the campaign would result in significant revenue loss, which could mean they will face resistance from Republicans concerned about...more

Burr & Forman

2018 Budget Deal Delays Several Affordable Care Act Taxes and Fees

Burr & Forman on

On January 22, 2018, President Trump signed into law H.R. 195 (hereinafter referred to as the “2018 Budget Deal”) which ended the federal government shutdown and funds the federal government through February 8, 2018. In...more

Jones Day

U.S. Tax Reform Proposal Highlights Potential Sweeping Changes

Jones Day on

The Situation: The Trump Administration, in collaboration with the House and Senate, has introduced a Framework for tax reform legislation that could bring sweeping changes to U.S. tax laws....more

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