Marc Gerson, former tax majority counsel to the House of Representatives Committee on Ways and Means, discussed the Committee's new GOP "tax teams" that are preparing for the 2025 expiration of the Tax Cuts and Jobs Act of 2017 (TCJA), and why this partisan approach has raised concerns. "We do have these 10 very broadly titled tax teams that aren't tied to particular sections of the code," Gerson said. "So far, I think we're still reading the tea leaves. The 2017 Trump tax cuts are so controversial or partisan by nature that it seems to me that it's understandable why this is being done on a Republican-only basis," Gerson noted. Conversations about offsets will be important next year, especially in light of growing debt and deficits, but there's a limit on how productive discussions will be before the election, he added. "It's really hard for either Republicans or Democrats to start trying to negotiate out or have bipartisan negotiations on offsets when they just don't know kind of where the power is going to lie."