National CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

National  | 

Congress Adopts Budget, Sets Up Tax Bill

The House of Representatives adopted a final Fiscal Year 2018 budget that includes a legislative process which will allow GOP lawmakers to pass tax reform with a simple majority in the Senate. All Democrats and 20 Republicans voted against the measure.

House Ways and Means Chairman Kevin Brady (R-TX) said, “Our successful vote will allow us to move forward quickly on delivering the first overhaul of America’s tax code in more than three decades.”

The House plans to introduce a tax reform bill on November 1, and beginning on November 6, the Ways and Means Committee will consider the legislation in a committee markup.

The nonbinding, $4-trillion House budget resolution follows the Senate’s approval of the same budget. It allows for tax cuts that reduce federal revenue by up to $1.5 trillion over 10 years. Senate Republicans say cuts will be offset by economic growth.


Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Read more at Ways and Means

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

Step 1: Select Education
  • ◦Economy
Hilco-01-cube
LeeAssociates-27-cube
New call-to-action
AvatarFinancialGroup-03-cube