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Posted

In considering whether tax legislation has a realistic possibility in the lame-duck remainder of the current Congress, do we know whether Congress can use budget reconciliation to act on a simple-majority vote?  Or is once-a-year reconciliation used up (so that action in the Senate would require the cloture-granting supermajority)?

Peter Gulia PC

Fiduciary Guidance Counsel

Philadelphia, Pennsylvania

215-732-1552

Peter@FiduciaryGuidanceCounsel.com

Posted

Andy Remo with ARA had a brief rundown of the lame duck tax bill in NAPA net today.  Per his article it would require bi partisan support in the Senate so I assume that means they cant use budget reconciliation to pass it without help from the Dems

 

 

Posted

RatherBeGolfing, thank you for your excellent help.

Peter Gulia PC

Fiduciary Guidance Counsel

Philadelphia, Pennsylvania

215-732-1552

Peter@FiduciaryGuidanceCounsel.com

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