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Tax Cliff 2025: House vs. Senate

06.10.2025 | Duration: 17:51

This episode of Catching Up on Capitol Hill covers the recent tax cliff legislation from the House and what may come next from the Senate. 

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June 10, 2025 |  The House of Representatives managed to pass its version of the tax cliff legislation, calling it One Big Beautiful Bill. But will it be big enough or beautiful enough for the Senate? We may find out soon as the upper chamber is now poised to produce its own version of the bill. Listen as John Gimigliano, Jennifer Gray, and Tom Stout explore what parts of the House bill could be subject to changes in the Senate and how those changes get reconciled with the House.

Meet our podcast team

Image of John P. Gimigliano
John P. Gimigliano
Principal, Washington National Tax, KPMG US
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Image of Jennifer Bonar Gray
Jennifer Bonar Gray
Director, Washington National Tax, KPMG US
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Image of Thomas A. Stout
Thomas A. Stout
Director, Washington National Tax, KPMG US
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Image of John P. Gimigliano
John P. Gimigliano
Principal, Washington National Tax, KPMG US
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Image of Jennifer Bonar Gray
Jennifer Bonar Gray
Director, Washington National Tax, KPMG US
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Image of Thomas A. Stout
Thomas A. Stout
Director, Washington National Tax, KPMG US
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