Pardon Our Dust
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NUMBER OF THE WEEK: 2
The number of weeks that Congress will be in recess, starting on March 26. Lawmakers will depart Washington for spring break recess once they conclude their work on the FY 2018 omnibus bill this week.
The legislative agenda after recess won’t be too ambitious. The most urgent item will be the long-term reauthorization of the FAA. Lawmakers will continue to jaw about immigration, technical corrections, and infrastructure investment, but these issues aren’t expected to go anywhere before the mid-term elections. On the regulatory front, the Treasury and IRS will continue to push out additional guidance and rules related to the implementation of the GOP tax law.
Bottom line: The Tax Policy Update team will see you on April 10!
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