Will Congress give us a 2024 Christmas present?

If you hope for or fear tax and ERISA legislation nearing the end of the 118th Congress, watch in mid-December.

Based on Congress’s continuing resolution many expect they will enact by September 30, the next end of appropriations would be December 20. That’s the Friday before Christmas Day.

In the remaining session after 2024 elections, look for Congress to turn to the National Defense Authorization Act for fiscal year 2025, and to some effort to avoid or invoke a government shutdown.

Those efforts might include an appropriations or budget-reconciliation bill, which could include law changes the Senate could not vote on under a regular-order procedure.

3 hours ago, Peter Gulia said:

If you hope for or fear tax and ERISA legislation nearing the end of the 118th Congress, watch in mid-December.

Based on Congress’s continuing resolution many expect they will enact by September 30, the next end of appropriations would be December 20. That’s the Friday before Christmas Day.

In the remaining session after 2024 elections, look for Congress to turn to the National Defense Authorization Act for fiscal year 2025, and to some effort to avoid or invoke a government shutdown.

Those efforts might include an appropriations or budget-reconciliation bill, which could include law changes the Senate could not vote on under a regular-order procedure.

At least we should get Secure 2.0 technical Corrections now that there is something to attach it to...