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Biden Administration Floats Tax Increases to Pay for Infrastructure as Policy Focus Shifts to Economic Growth
The Biden administration is considering increasing the corporate tax rate and the individual rate for high earners as it deliberates how to structure its next major legislative initiative – a sprawling “Build Back Better” economic growth package that may cost far more than the $1.9 trillion coronavirus-relief bill enacted last week...Full story: Biden Administration Floats Tax Increases to Pay for Infrastructure as Policy Focus Shifts to Economic Growth -
President Biden Signs Landmark COVID-19 Aid Legislation Passed by Congress in Near Party-Line Votes
President Joe Biden signed his landmark $1.9 trillion pandemic relief package (H.R. 1319) into law yesterday – the largest injection of federal cash in history into a growing U.S. economy – before unemployment benefits begin expiring on March 14...Full story: President Biden Signs Landmark COVID-19 Aid Legislation Passed by Congress in Near Party-Line Votes -
Roundtable Analysis and Summary of The American Rescue Plan
March 6, 2021 - Senate Democrats passed an amended, $1.9 trillion pandemic relief package, The American Rescue Plan – that has now been sent back to the House for final passage before current unemployment benefits expire March 14.Full story: Roundtable Analysis and Summary of The American Rescue Plan -
New Bills Would Help Offset COVID-Prevention Workplace Expenses and Permanently Extend 20% Pass-Through Deduction; Industry Seeks Cost Recovery Transition Relief for Rental Housing
Full story: New Bills Would Help Offset COVID-Prevention Workplace Expenses and Permanently Extend 20% Pass-Through Deduction; Industry Seeks Cost Recovery Transition Relief for Rental Housing -
Senate Advances Pandemic Relief Package as President Biden Pushes Infrastructure Plan
Senate Democrats this week advanced an amended, $1.9 trillion pandemic relief package that is expected to pass on a party-line vote – then sent back to the House for final passage before current unemployment benefits expire March 14...Full story: Senate Advances Pandemic Relief Package as President Biden Pushes Infrastructure Plan -
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Q1 Survey: Commercial Real Estate Executives Express Optimism About Current and Future Market Conditions
Commercial real estate industry leaders continue to acknowledge the effects of the COVID-19 pandemic on various asset classes, while expressing increased optimism for both current and future market conditions for the remainder of 2021, according to The Real Estate Roundtable’s Q1 2021 Economic Sentiment Survey released today.Full story: Q1 Survey: Commercial Real Estate Executives Express Optimism About Current and Future Market Conditions -
House Passes $1.9 Trillion Virus Relief Package; Fed Reports Concerns About CRE
Congressional Democrats racing to enact President Biden’s landmark $1.9 trillion COVID-19 relief package before unemployment benefits expire March 14 passed The American Rescue Plan Act of 2021 (H.R. 1319) early Saturday morning on a near party-line vote. The massive aid bill now goes to the 50-50 Senate where Democrats cannot afford to lose a single vote...Full story: House Passes $1.9 Trillion Virus Relief Package; Fed Reports Concerns About CRE -
Biden Policy Eases Funding Constraints on Mass Transit Projects
The Biden Administration released a policy letter on Feb. 16 enabling states to more readily access federal grant dollars to help finance mass transit and other large-scale transportation projects.Full story: Biden Policy Eases Funding Constraints on Mass Transit Projects