Cady Stanton

Cady Stanton and Katie Lobosco, both Capitol Hill reporters for Tax Notes, delve into the intricate journey of the One Big Beautiful Bill Act. They discuss pivotal provisions, highlighting the dramatic legislative maneuvers during the July recess and the significant role of the House Freedom Caucus. The chat gets spicy as they explore the repercussions of removing the controversial revenge tax. The duo also predicts the bill's fiscal impact, estimating a potential deficit rise of $3.4 to $4.5 trillion, and examines the polarized political responses.

Cady Stanton and Katie Lobosco, Capitol Hill reporters for Tax Notes, dive into the final version of the House’s reconciliation bill. They break down the key updates and last-minute tweaks in the tax package, highlighting political dynamics as it shifts to the Senate. The discussion touches on the potential fiscal impacts, with projections of nearly $3 trillion in deficits over the next decade. They also explore the timeline for Senate actions and the broader implications of these legislative maneuvers on tax policy.