Arizona Senator Kyrsten Sinema recently announced that she has registered as an Independent, but will not caucus with the Republicans. Todd Metcalf and Mark Prater of PwC’s Tax Policy Services Practice discuss how this development could shape tax policy and where we stand with respect to government funding and a year-end tax bill.

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IN THIS EPISODE

• Todd Metcalf, Principal, PwC’s Tax Policy Services Practice
• Mark Prater, Managing Director, PwC’s Tax Policy Services Practice
• Scott McCandless, Host, Policy on Demand

In case you missed it, watch:

• Week in Review with Ken Kuykendall
• Addressing year-end uncertainties and 2023 priorities
• Exploring optionality around year-end planning
• Upcoming action on Pillar 1 expected
• Technology enhances Pillar 2 modeling
• Where Pillar 2 stands after ECOFIN meeting

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Happening this week

• Congress this week likely will need to pass a short-term bill to fund the federal government beyond Friday, December 16, when the current temporary spending measure expires.
• The lame-duck Congress also could consider a year-end tax package that might include extensions of expired or expiring tax provisions and bipartisan retirement security legislation.
• The House Ways and Means Trade Subcommittee will hold a December 14 hearing on promoting sustainable environmental practices through trade policy.