Last week, the House passed a bill to temporarily suspend the debt ceiling and reduce federal spending. Rohit Kumar discusses the latest developments around the debt limit discussions and encourages companies to be prepared for negotiations to go down to the wire.

IN THIS EPISODE
Rohit Kumar, PwC's Washington National Tax Services Practice Co-leader
Scott McCandless, Host, Policy on Demand

In case you missed it, watch:
Week in Review with Janice Mays

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Happening this week:

• The House will not be in session this week and is scheduled to return May 9.
• The Senate will be in session this week, with committee hearings on FY24 appropriations continuing.
• There will be some economic news this week, with the Federal Open Markets Committee possibly making a monetary policy announcement on Wednesday, and the April jobs report coming out on Friday.