🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Joining Bloomberg Radio shortly to talk with Nathan Hager about upcoming markup on House Republicans' $3.7 trillion in tax cuts. Tune in!

SALTY: Congressman Mike Lawler blasts GOP leaders, Rep. Jason Smith for failing to negotiate with SALT caucus “The chair should be reminded that he wouldn’t have a fucking gavel without the members of the SALT caucus “

Owners of professional sports teams would only be able to write off half of the declining value of the franchises they purchase under Republicans’ tax bill. Zach C. Cohen breaks down these owners' lobbying efforts: bit.ly/4md2lWE

It’s standing room only here at Ways and Means as the committee begins its markup of the mammoth $3.7T tax bill portion of the reconciliation package. Democrats say bring a pillow—it’s going to be a long one.

Committees are marking up, and a new CONTROL is up. Forward movement for sure, but we break down the numerous obstacles that remain. And we dig into the tax mark with Bloomberg Tax's Zach C. Cohen. Good stuff! Annalyse Keller open.spotify.com/episode/1XWFhR…

It's a big day for the "big, beautiful bill" -- as you're tuning in to markups, check out a new episode of CONTROL with Zach C. Cohen. We make predictions about timing + discuss how SALT still threatens the entire package. w/ Brendan Buck open.spotify.com/episode/1XWFhR…

House Republicans proposed using their tax and spending bill to end duty-free imports of cheap foreign goods, which would eliminate a perk companies around the world have used to grow their US business for the last decade bloomberg.com/news/articles/…

The House Ways and Means Committee has been marking up the tax bill for 16 hours straight and counting. Here's where things stand as the sun rises in Washington. news.bloombergtax.com/daily-tax-repo…

Breaking: The House Ways and Means Committee just approved trillions in new tax cuts for corporations, households and small businesses on a party-line vote after a marathon overnight session in which Democrats assailed the bill as a gift to the wealthy. bloomberg.com/news/articles/…

Joining Bloomberg Radio shortly to talk latest on the tax bill with Carol Massar and Tim Stenovec. Tune in!

Rep. Malliotakis said the SALT cap could grow to $80,000 for couples and $40,000 for individuals, but that could require other concessions. Fellow SALT lawmaker LaLota said they’re not close to a deal. (w/ Emily Birnbaum ) bloomberg.com/news/articles/…

House Republicans’ bill to extend and expand Trump’s 2017 tax law would also raise revenue by cutting many professional service providers out of using state workarounds for the cap on state and local tax deductions. news.bloombergtax.com/daily-tax-repo…

LaLota holding court before the big SALT meeting in Speaker Mike Johnson’s office with hundreds of billions on the line. Meanwhile tour groups walking by.

House Republican Whip Tom Emmer says the reconciliation bill will come to Rules on Monday as planned and pass next week. “Everyone’s being heard.”

The call by US lawmakers to impose new retaliatory taxes on foreign-owned companies is a strategic move to give the Trump administration leverage to shield American companies from the global minimum tax framework. news.bloombergtax.com/daily-tax-repo…

EXCLUSIVE: Senate Finance Committee Democrats say donors to IRS commissioner pick Billy Long’s hibernating campaign fund could have been illegally influencing the former House lawmaker. news.bloombergtax.com/daily-tax-repo…

The National Conference of State Legislatures wants Congress to strip restrictive interstate commerce language from a House budget reconciliation bill, contending the provision would impact revenues and infringe on states’ taxing authorities. news.bloombergtax.com/daily-tax-repo…

BREAKING: Trump Tax Bill Fails in House Panel as GOP Splits on Cost Emily Birnbaum Jarrell Dillard via Bloomberg Politics bloomberg.com/news/articles/…

“We’re just trying to strike that balance": Republicans face an internal schism over how far they want to go to give relief to millions of online sellers who received a new tax form for the first time this filing season. w/ Erin Slowey news.bloombergtax.com/daily-tax-repo…

Many thanks to SPJ DC for the Dateline Award for my coverage of last year’s race to be Senate Republican leader — and to the colleagues, sources, and readers who trusted me to tell that story over many months and across three jurisdictions. spjdc.org/2025/06/2025-h…