Karl Russo walks through the narrowly-passed reconciliation bill and which changes addressed the concerns of GOP holdouts. As markets react, what further changes might be made in the Senate with its use of a current-policy baseline? 

IN THIS EPISODE
Karl Russo, PwC’s National Economics and Statistics Practice Leader
Andrew Prior, Managing Director, PwC’s Tax Policy Services Practice

IN CASE YOU MISSED IT
Tax Insight: House passes H.R. 1, the “One Big Beautiful Bill Act” (5/22/25)
The fate of SALT cap and IRA credits before House vote (5/19/25)

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