ASAToday for July 3rd, 2025

Federal Government Funding Expires This Friday President Trump announced his preference for a “clean” continuing resolution (“CR”) through the end of FY 2025. Speaker Johnson (R-LA) released the text on Saturday. The measure would fund the government through September 30 (the end of its fiscal year), increase defense and border security spending by $6 billion,…

Budget Reconciliation Update Senate leaders announced they will start working on budget resolution differences with the House in late March. House Ways and Means Committee Republicans plan two long drafting sessions this week for reconciliation language details.  President Trump, in his Congress address last week, emphasized tax priorities: permanent income tax cuts, no tax on…