S&C Memos

Tax Policy Update

Full Memo

June 9, 2025

OBBBA and Bessent Budget Hearings

Tax policy update for week of June 9
Senate GOP considers next steps on OBBBA
Treasury Secretary Bessent will testify Wednesday and Thursday at the tax writing committees on the Administration’s proposed FY 26 budget
Section 899 demonstrates determination of White House and congressional Republicans to fight OECD tax pillars and DSTs

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