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Tax News & Views
Get the latest tax developments from Congress
Tax News & Views provides timely insights and analysis from the Deloitte Tax LLP Tax Policy Group in Washington DC. Our concise, reader-friendly updates allow you to be prepared and in the know with the latest tax changes from Congress.
Discover the latest tax changes from Congress with our Tax News & Views newsletter.
May 23, 2025
- House Republicans pass tax bill, heads to the Senate In a dramatic pre-dawn vote on May 22, 2025, the House of Representatives narrowly passed the One Big Beautiful Bill Act (the “Act”) by a vote of 215 – 214, with Rep. Andy Harris (R-Md.) voting “present” and two other Republicans breaking ranks to join all Democrats in opposition. The razor-thin margin underscored the divisions within the GOP and the high-stakes maneuvering required to push the massive reconciliation package through the chamber.
- From Budget Committee to floor vote: Tracing the path of the GOP tax bill
This week on Capitol Hill was marked by a flurry of legislative activity, beginning Sunday evening with a pivotal vote in the House Budget Committee that set the stage for one of the most consequential tax and spending debates in recent memory. - IRS nominee Billy Long testifies before Senate Finance Committee
Former-Rep. Billy Long (R-Mo.) endured a sometimes-contentious May 20 nomination hearing to become the next IRS commissioner, with Senate Finance Committee Republicans rallying behind him to lead the agency, and Democrats questioning his ties to certain tax credit programs.
