Baker Tilly: Tax Alert

Wednesday, July 13, 2022 3:13 PM | Anonymous



Senate Democrats make progress with reconciliation package

For the first time in months, Senate Democrats appear to be making meaningful progress on a potential budget reconciliation package. The scaled-down proposal is expected to include the lowering of prescription drug costs, an extension of Affordable Care Act (ACA) subsidies and funding for climate change initiatives. New spending is likely to be paid for by increases in tax revenue.

Read the full alert