GrayRobinson’s Chris McCannell in Politico's “Budget Reconciliation Becomes New Buzzword on K Street”

Washington, D.C. – January 8, 2021 – Chris McCannell, senior government affairs consultant in GrayRobinson’s Washington, D.C., office, was quoted in the Politico article “Budget Reconciliation Becomes New Buzzword on K Street.” The article discusses how Democrats won back control of the Senate in last week’s runoff elections but President-elect Joe Biden still finds himself without a filibuster-proof majority in the chamber. Enter the new buzzword—budget reconciliation. This new tool can steer billions of dollars and reshape a host of social policies all while avoiding the filibuster. "We’re not advising clients that there’s going to be a wholesale rollback of Trump’s tax cuts,” said McCannell. But reconciliation does put “some tax issues potentially on the table,” he said, pointing to a tax increase on the wealthy or repealing the SALT cap as examples.