Tax Extenders Bill in Jeopardy as Debt Limit Looms
“No one has any idea how to pay for that,” one analyst says.
What a GOP Senate Takeover Means for Dodd-Frank, CFPB, User Fees
AEI's Peter Wallison and others weigh in on what advisors can expect now that Republicans have dominated the midterms.
Senate Finance’s Wyden Set to Move on Tax Extenders
Chairman Wyden, determined to make this the “last time we do extenders,” hopes to use this chance “to reform the broken tax code.”
Camp’s Tax Plan Unlikely to Pass but Sure to Ignite Debate
Though Rep. Camp's tax plan is highly unlikely to become law this year, retirement planning advocates weighed in.
Unlikely Budget Deal Paves Way for CR; Shutdown Risk 'Very Small': Analyst
A stopgap measure to keep funding at current levels, minus sequester cuts, is the most likely outcome, says Washington Analysis' Joe Lieber.
Reid, McConnell Fight Next Round on Debt, Raising Hopes
As Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell negotiate, a Schwab survey shows investors are still thinking long term.
Congress Girds for Another Debt Fight as Deficit Shrinks
The deficit is at its lowest level since late 2008, LPL's John Canally writes; PIMCO and Washington Analysis weigh in on the battle ahead.
IRA Cap Gives Rise to New Funding Strategies
As with the Whac-A-Mole carnival game, new regulation means new opportunity.
Critics Slam Obama Budget Over Entitlement Cuts, Retirement Savings Cap
President Obama called his just-released budget a “fiscally responsible blueprint for middle-class jobs and growth,” but critics derided it for cutting Social Security and Medicare and capping retirement savings.
Congress’ Next Slugfest: Debt Ceiling, 3 Battling Budgets
Now that the government is funded through September, Congress must tackle the debt ceiling and three separate budgets, says Andy Friedman of The Washington Update.