The BDA was featured in a BondBuyer article on the ongoing discussions surrounding government funding and a potential shutdown with potential impacts to tax reform in 2025.
The article can be found here.
The outcome of that will likely be the most consequential for the remainder of this Congress and for muni market, whose long held goals of including provisions such as advance refunding in upcoming tax legislation has been slated for early 2025.
“If they punt it to early next year, I do think that could throw a wrench into the early tax negotiations,” Bolton said. “That’s definitely something I’m looking out for in the next week or so to see what time frame they’re going to end up on.”
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