The Fiduciary Rule (Oct. 1)

Mike and Co., Welcome to FY 2016.  The deficit for this year is expected to be about 70 percent lower than it was in FY 2009. The week saw a CR approved with major leadership consequences but nothing resolved on the policy front. It also saw House Financial Services Committee Democrats split on a bill to …

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Fiscal/Financial Issues as the Dust Settles (Sep. 29)

Mike & Co. As the dust settles slowly on the Hill following the shock the Boehner resignation/retirement, it’s easier to see where we stand on the fiscal and financial issues immediately affected by it.  Trump and his tax plan make a cameo (he’s great). Best, Dana ———— For the third straight year, the federal government …

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Boehner's Resignation — Impact on Fiscal/Financial Legislation (Sep. 25)

Mike & Co. — Below, an initial look at what Speaker Boehner’s resignation means for the budget process, issues like Ex-Im reauthorization, trade, and GSE reform as well as for the House Financial Services Committee.   We can look at the debt limit, the Highway bill, and other issues as you wish. Good weekends all, …

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FY2016 Budget/CR (Sept. 23)

Mike & Co. — The shutdown watch is on.  The slow machinery of the Senate is giving the House, which usually acts first on continuing resolutions, precious little time to figure out if it can live with a clean CR and if the House GOP rank and file can abide the price that Democrats are …

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Bush Tax Cuts (Sept. 15)

Mike and Co. — As you may have seen, a little bombshell tucked away in the Bush tax plan released September8 — initially overshadowed by the provision ending the special treatment of carried interest — went without comment for almost a week: the proposed end of the business interest deduction…  It is a much bigger deal by any measure. Best, Dana …

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Shutdown and Default (Sep. 11)

Mike & Co. — With the Iranian Nuclear Agreement exiting center stage on the Hill in short order, attention will now turn to the biggest and most symbolic fiscal and financial policy debate of the year, with deadlines looming on the FY 2016 budget this month and on the debt limit a couple of months …

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Bush Tax Plan (Sep. 10)

As you know, Jeb Bush delivered a comprehensive tax reform proposal in a speech in North Carolina and op-Ed in the Wall Street Journal yesterday.  The headline provisions may be familiar by now and they will likely help raise and frame the debate on tax and related issues for the much of the campaign Bush’s …

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