Category: Washington Updates

What’s Left on Washington’s Agenda Before the Clock Runs Out?

Congress has been racing against the clock to check off as many items on its legislative to-do list as possible ahead of the August recess. Most notably, President Trump has...

Trade Alert: Trump Announces New Tariff Deadline of August 1st

Tax & Trade Jul 08, 2025 Lulu Geller

President Donald Trump revealed that the U.S. will impose 25% tariffs on goods from Japan and South Korea beginning August 1. This decision marks the beginning of a new wave...

House Rescission Package Deep-Dive

Background: A rescission package refers to a proposal by the President to cancel or amend previously approved government spending, often targeting specific programs already set in place. In simple terms,...

House Passes a $9.4 Billion Rescission Package in funding for Foreign Aid, NPR, PBS

On Thursday, June 12th, the House approved a rescissions package request from the White House to rescind funding for NPR, PBS, and international aid that lawmakers had previously approved. In...

From Allies to Adversaries: The Trump-Musk Fallout and Its Implications

In a dramatic turn of events, the once-strong alliance between President Donald Trump and tech mogul Elon Musk has unraveled, revealing deep fissures that could have significant ramifications for politics,...

CIT Strikes down ‘Liberation Day’ IEEPA Tariffs

Tax & Trade May 29, 2025 Patrick Firth

On May 28, 2025, the U.S. Court of International Trade (CIT) issued a unanimous ruling striking down President Donald Trump’s “Liberation Day” tariffs. These tariffs, announced via Executive Order 14257...

White House Releases The Make America Healthy Again Report

At the request of the White House, the newly established Make America Healthy Again (MAHA) Commission has released a sweeping policy assessment titled “Make Our Children Healthy Again.” The report...

Bill Analysis: The Big, Beautiful Bill Act Advances to Senate

Tax & Trade May 22, 2025 Patrick Firth

President Donald Trump’s ‘Big Beautiful Bill’ narrowly cleared the House of Representatives on Thursday morning, advancing a major legislative package designed to prevent a year-end tax increase and adjust several...

U.S.-China Trade Tensions Ease with 90-Day Tariff Reduction Agreement

Tax & Trade May 12, 2025 Lulu Geller

The United States and China have announced a 90-day tariff reduction agreement, temporarily easing tensions in the ongoing trade war that has rattled global markets. Under the agreement, the U.S....

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