ASAToday for July 3rd, 2025

Republicans Remain Divided on Reconciliation Strategy Republican intra-party disputes over strategy and the party’s tiny House majority continue to stymie the party’s efforts to come together in support of a budget reconciliation strategy.  Last Wednesday, President-elect Trump met with Senate Republicans. Although some of them continued to argue for a two-bill approach, Trump reiterated his preference…

The Hunt for Revenue to Offset Tax Cuts Republican budget hawks remain very concerned about the deficit effect of a reconciliation bill.  Rep. Roy (R-TX) warned last week that he will push to be sure that the party does not rely on scoring gimmicks to claim that the package is deficit-neutral.  But Republican leadership has…

ASA Supports the Death Tax Repeal Act of 2025 ASA supports the Death Tax Repeal Act of 2025 introduced by Sen. Thune (R-SD), which would lead the country towards a commonsense tax code that does not impose a destructive double or triple tax at death. We support full and permanent repeal of the federal estate…