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Economic Outlook and the Tax Bill: Insights from Deputy Secretary Michael Faulkender
In a recent discussion with Deputy Secretary for the Treasury, Michael Faulkender, the focus centered on the ongoing reconciliation negotiations for a tax bill eagerly anticipated by various stakeholders, particularly Wall Street and small businesses. Faulkender expressed optimism, indicating that negotiations are progressing positively and they aim to release their version of the bill by Memorial Day. This is pivotal as the administration aspires to have a signing ceremony by July 4th, marking a significant milestone in U.S. economic policy.