Tax Legislative Updates – What’s next for President Biden’s Reconciliation Bill? has been saved
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Tax Legislative Updates – What’s next for President Biden’s Reconciliation Bill?
Part of the Tax News & Views podcast series
West Virginia Senator Joe Manchin may have put an end to Biden’s big tax and climate reconciliation, yet Democrat leaders remain hopeful. In this latest episode, Deloitte leader Jonathan Traub discusses what’s next for the big tax and climate spending package, as well as other high-priority legislations on the Congressional docket.
Tax Legislative Updates – What’s next for President Biden’s Reconciliation Bill?
After news from Washington that Senator Manchin may have walked away from Biden’s tax and climate reconciliation bill, Democrats place hope on other prospects. In this latest episode, Deloitte leader Jonathan Traub discusses Manchin’s decision to not move forward with the Reconciliation bill, potential impact of the China competitiveness bill, and other key legislations:
There’s another bill pending around competitiveness with China that could carry two different tax items – one will be a new set of incentives to encourage construction of chip fabrication parts facilities in the US.
—Jonathan Traub
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