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On Wednesday Feb. 12, the Senate Budget Committee advanced a fiscal year (FY) 2025 budget resolution by a vote of 11-10.
The Senate voted to move forward with debate on the resolution on Tuesday, Feb. 18, triggering a statutorily required 50 hours of debate. Once the time for debate expires, the Senate enters the amendments portion of the budget resolution process commonly known as a “vote-a-rama.” During this phase, the rules allow senators to propose modifications to the resolution until their list, or their will to continue, is exhausted. Once amendment votes are completed, which is expected to occur sometime Friday morning, the Senate will pass the budget resolution.
Please click here to access Brownstein’s vote-a-rama tracker, which contains a running list of filed amendments and will be updated in real time as amendments are considered on the floor.
For more information on the competing House and Senate budget resolutions, click here.
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The need for fact-based reporting of issues important to family offices and successful families and protecting a lifetime of savings has never been greater. Now more than ever, family offices and successful families are under fire. That’s why Family Enterprise USA Action is passionately working to increase the awareness of issues important to family offices and successful families, while continuing to strengthen our presence on Capitol Hill.
Family Enterprise USA Action engages with legislators on Capitol Hill on behalf of family offices, successful families, and family-owned businesses. It is focused exclusively on the critical tax and economic policies that impact them. Since 1995, FEUSA Action has been the leading advocacy group working daily in Washington, D.C., to reduce and eliminate estate tax, gift tax, and generation skipping transfer tax while blocking increased income and capital gains taxes, the creation of a wealth tax, and other hostile policies that punish hardworking taxpayers and success in the U.S. It is a bipartisan 501.c4 organization.
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