T-14 Days Until the Expiration of the ACA eAPTCs: In 14 days, the enhanced Affordable Care Act premium tax credits (eAPTCs) expire and neither chamber has landed on a solution. Last week, House Republicans released H.R. 6703, the Lower Health Care Premiums for All Americans Act led by Rep. Mariannette Miller-Meeks (R-IA) and plan to vote on the bill this week. Read More.
POTUS, Lawmakers Conflicted on Reconciliation 2.0: During a press conference last week, President Trump indicated that Congress does not need to do another reconciliation bill because the One Big Beautiful Bill Act (OBBBA, Public Law 119-21) already delivered the administration’s main goals. House Ways and Means Tax Subcommittee Chairman Mike Kelly (R-PA) and House Budget Committee Chairman Jodey Arrington (R-TX) see President Trump’s statement as leaving the door open. Read More.
Ranking Member Neal’s Priorities for a Democratic-Controlled House: House Ways and Means Committee Ranking Member Richard Neal (D-MA) detailed his future priorities for the committee if Democrats regain control of the House in next year’s midterm elections. He highlighted the OBBBA’s Medicaid cuts that are expected to heavily affect hospitals as one of his main priorities, along with trade policy and the Department of Government Efficiency’s (DOGE) handling of data. Read More.
House W&M Committee Approves Bipartisan Taxpayer Privacy, Due Process Legislation: On Dec. 10, the House Ways and Means Committee advanced bipartisan legislation including the Taxpayer Due Process Enhancement Act (H.R. 6506) and Taxpayer Notification and Privacy Act (H.R. 6495). Read More.
Titus Sends Letter to Smith, Neal on Consideration of the FAIR Bet Act: Rep. Dina Titus (D-NV) sent a letter to House Ways and Means Chairman Jason Smith (R-MO) and Ranking Member Richard Neal (D-MA) urging the committee to consider her bill, H.R. 4304, the Fair Accounting for Income Realized from Betting Earnings Taxation (FAIR BET) Act. The bill would repeal the 90% cap on gambling loss deductions imposed by the OBBBA and would restore the full 100% deductibility. Read More.
Key deadlines, bipartisan talks, and potential reforms are converging. Read the update shaping the months ahead. Stay ahead of what’s unfolding in Washington. Don’t miss the details – click to read the full breakdown now.
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