Tax News & Views

Capitol Hill briefing.

Tax News & Views, published by the Deloitte Tax LLP Tax Policy Group in Washington, DC, provides a compact, reader-friendly perspective on the latest tax developments coming out of Congress affecting businesses and high-wealth individuals.

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April 13, 2018

CBO report paints bleak fiscal picture following 2017 tax cuts and 2018 spending pact
A recently released Congressional Budget Office analysis of the federal budget and economic outlook for the next decade predicts a near-term uptick in the economy resulting from the enactment of last year’s tax cut legislation and other factors, but shows bigger deficits and more muted economic growth over the longer run relative to its prior projections in June 2017.

Ryan won’t seek re-election to Congress
House Speaker Paul Ryan dropped a political bombshell on his Capitol Hill colleagues, announcing that he will retire from Congress when the current legislative session officially ends in early 2019.

Ways and Means advances IRS modernization bills
The House Ways and Means Committee unanimously approved 12 bipartisan bills calling for changes to the Internal Revenue Service’s organizational structure, enhancements to its information technology and cybersecurity operations, revisions to its enforcement policies, and improvements in customer service, all in an effort to make the agency more efficient and taxpayer-friendly.

Treasury and OMB reach accord on tax regulatory review
The Department of Treasury and the Office of Management and Budget released a joint agreement that grants OMB broader authority to review tax regulations and ends a turf war that the two agencies had been conducting in recent months.

April 13, 2018


March 23, 2018
'Omnibus’ spending deal includes ‘grain glitch’ fix, low-income housing credit boost, pre-2017 tax technical corrections

March 16, 2018
Trump, Brady hint at second round of tax cuts

March 9, 2018
Fast action on tax reform technical corrections unlikely, Ryan says

March 2, 2018
Ways and Means subcommittee to put extenders under the microscope post-tax reform

February 16, 2018
Ways and Means ‘in receive mode’ for tax reform technical corrections, Brady says

February 9, 2018
Two-year budget agreement with significant tax package becomes law

February 2, 2018
Selling 2017 tax reform law dominates 2018 Republican game plan

January 26, 2018
Partial shutdown ends as short-term government funding bill becomes law

January 19, 2018
Government shutdown likely as short-term funding bill appears headed for failure in the Senate

January 12, 2018
New members join Ways and Means, Finance panels

January 5, 2018
Hatch announces retirement plans

December 22, 2017 - Special Edition
Tax reform legislation becomes law

December 18, 2017 - Special Edition
Tax reform enters the home stretch

December 15, 2017 - Special Edition
Tax reform conference language released

December 13, 2017 - Special Edition
Press reports cite deal on tax reform conference agreement

December 8, 2017
Higher target corporate rate floated as Congress tees up tax reform conference

December 2, 2017 - Special Edition
Senate tax reform bill crosses finish line after major rewrite

November 17, 2017 - Special Edition
Tax reform proposal clears House; Finance bill headed to Senate floor

November 14, 2017 - Special Edition
Hatch unveils modifications to Tax Cuts and Jobs Act

November 10, 2017 - Special Edition
Finance Republicans chart their own course for tax reform

November 3, 2017 - Special Edition
Ways and Means Republicans fill in the blanks on tax reform

November 2, 2017 - Special Edition
Ways and Means Republicans release detailed tax reform proposal

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