KPMG – Legislative Update: U.S. Senate passes budget resolution; implications for major tax legislation (August 11, 2021)

KPMG is reporting that the U.S. Senate has passed a budget resolution for FY 22. The budget resolution “calls for up to $3.5 trillion in new spending in areas such as education, child care, dependent care, green energy/climate change, affordable housing, and health care.”

See the full KPMG article by clicking: “Legislative Update: U.S. Senate passes budget resolution; implications for major tax legislation (August 11, 2021).“