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Bookmark or Share- What Does A $3.5 Trillion “Budget Deal” Mean? - AAFThe upshot of the reported “budget deal” is that there appears to be agreement to consider a budget resolution that assumes additional spending and revenue losses totaling $3.5 trillion over the next decade, in part drawn from two major tax and spending proposals put forward by the Biden Administration.
- Bipartisan Budget Act Changes Who Pays for Drug Costs in Part D ... - AAFBeneficiaries were not happy, however, with one piece of the program—the “coverage gap”—and the Affordable Care Act (ACA) included a provision to eliminate this gap, largely at the expense of drug manufacturers. Now, additional changes have been included in the most recent budget deal, the BBA of 2018.
- The Inflation Reduction Act’s Medicare Budget Implications ... - AAFBut the possibility of additional Medicare benefits such as lower premiums or broader options from the $266 billion in budget savings used to subsidize clean energy will not be realized. The map and table below summarizes the geographic distribution of that lost opportunity across U.S. regions and states.
- Reviewing the Bipartisan Congressional Budget Reform Act - AAFInstead of following this process, in recent years the budget process has been characterized by the submission of the president’s budget, which is increasingly a messaging document, at a time of the president’s choosing followed by congressional careening until the enactment of a two-year budget deal.
- The Budget Deal, Tax Policy, and Carried Interest - AAFA corollary is that anything done in a short-term budget deal should be consistent with comprehensive tax reform. So I remain mystified by the focus on the taxation of carried interest. Carried interest is an integral feature of the financial arrangements of partnerships, a management structure broadly utilized in the United States and ...
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