Media Tip Sheet: GOP Prepares to Extend Trump Tax Cuts via Reconciliation


May 29, 2024

tax cuts

Republicans are strategizing to renew Trump-era tax cuts set to expire in 2026 using the budget reconciliation process. Working groups within the GOP are developing plans to extend these cuts, focusing on various economic sectors and potential changes to the corporate tax rate. This move is contingent on the GOP gaining control of Congress and the White House in the upcoming election cycle.

Faculty experts at the George Washington University are available to provide context, commentary and analysis on this matter. If you would like to speak to an expert, please contact GW Media Relations Specialist Tayah Frye at [email protected].


Congress

Sarah Binder is a professor of political science. Binder's work focuses on the politics of legislative institutions, including their origins, development and impact on policy outcomes. Her areas of expertise include Congress, Legislative politics, American political economy, and political parties.

Casey Burgat is the director of the Legislative Affairs program at the Graduate School of Political Management and host of its Mastering the Room podcast. Prior to joining GSPM, Burgat was a Senior Governance Fellow at the R Street Institute where his research focused on issues of congressional capacity and reform. Burgat co-authored Congress Explained: Representation and Lawmaking in the First Branch, a textbook on all things Congress.

Tax Policy & Public Policy

Christopher Carrigan is Associate Professor of Public Policy and Public Administration and a Co-Director of the GW Regulatory Studies Center. His research focuses on regulatory and bureaucratic policymaking, exploring the effects of organizational design on agency rulemaking and enforcement practices, political responses to disasters in regulated industries, factors that influence rule timing and durability, and the role supporting analysis plays in regulatory outcomes. Professor Carrigan is author of the Cambridge University Press book, Structured to Fail? Regulatory Performance under Competing Mandates, and co-editor of the University of Pennsylvania Press volume, Does Regulation Kill Jobs?

Joe Cordes is professor of Economics, Public Policy and Public Administration, and International Affairs and a co-director of the George Washington Regulatory Studies Center. Dr. Cordes was a Brookings Economic Policy fellow in the Office of Tax Policy in the U.S. Department of the Treasury in 1980-81, and served as a senior economist on the Treasury's Tax Reform project in 1984. From 1989 to 1991 he was Deputy Assistant Director for Tax Analysis at the Congressional Budget Office. He was a Visiting Fellow at the Urban Institute in 1998-1999, and is currently an Associate Scholar in the Center on Nonprofits and Philanthropy at the Urban Institute. He has been a consultant to the Washington, DC Tax Revision Commission, the RAND Corporation, and numerous government agencies including the Congressional Budget Office, Internal Revenue Service Office of Research, the U.S. Treasury Department, National Institute of Standards and Technology, and the National Research Council.

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