POLITICO | The Stealth Senate Dealmaker Who Could Deliver Trump’s Tax Cuts

Since the 2024 U.S. election, business executives, boards, and policy experts are moving quickly to understand and traverse changing economic and political dynamics. Global law firm Alston & Bird is uniquely positioned with extensive legal and policy expertise – with connections to the most influential players.

As Senate committees continue to work on their portions of the reconciliation bill, the House will take up a White House proposal to axe $9.4 billion in spending. GOP leaders remain hopeful to have a bill ready by July 4, but differences remain over tax cuts and reductions in Medicaid spending. In London, U.S. and Chinese officials will meet to discuss the countries’ ongoing trade issues.

This week, the Senate Finance Committee voted along party lines to advance RFK Jr.’s nomination to be HHS Secretary to the full Senate, while President Trump imposed tariffs on imports from China but delayed tariffs on imports from Canada and Mexico. 

Alston & Bird’s Coronavirus Flash provides updates on policy and regulatory actions under consideration across many important industries being monitored by our teams. Links to key government and legal resources are provided throughout the report.

Our Tax Policy & Regulation Team explores the uneven terrain unfolding in the tax reform debates, from the debt limit to the deficit to reconciliation.