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Tax Cliff 2025: Process is Policy

01.28.2025 | Duration: 22:30

This episode of Catching Up on Capitol Hill explores the process of enacting tax policy via budget reconciliation.  

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Episode 02-2025 |  As we near the tax cliff of 2025, Republicans have said they intend to use the process of budget reconciliation to prevent expiration of many of 2017's tax cuts.

The rules governing reconciliation are infamously Byzantine, even by Washington standards. So how does this process affect the final product? Listen as John Gimigliano, Jennifer Acuña, and Dan Winnick explore how the process of enacting tax legislation via reconciliation could shape the content, timing, and even the odds for a tax bill.

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Tax Policy Trifecta
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Tax Policy Trifecta

Stay informed about potentially significant changes to the U.S. tax landscape in 2025 and beyond. You'll find resources below about proposed and enacted legislation that can help you follow the direction of tax developments in Washington.

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Catching Up on Capitol Hill

Insights from KPMG professionals on what's happening in Washington that affects business taxation

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Be ready for disruption - tax insights

Tax insights and analysis to help organizations respond with speed and confidence

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