Legislative Outlook, Post-Boehner Announcement
Speaker Boehner’s announcement that he plans to retire at the end of October has implications for tax policy and next year’s spending levels. Here’s our outlook for both.
International Tax Reform: Lots of noise on the tax front. The latest rumors on the Ryan-Schumer plan to pair highway funding with international tax reforms are that:
- The plan is complete and has been sent up to the Administration for their review and sign-off;
- The plan is not finished and is hung up over a disagreement regarding how much to spend on highways;
- The plan will be presented to the Ways & Means …