Marc Gerson, former chief tax counsel to the House Committee on Ways and Means, commented on the current state of tax policy discussions in Washington. As the Trump administration and Republican-controlled Congress prepare to unveil a new tax package, the business community is closely monitoring developments on Capitol Hill. Companies and trade associations are stepping up efforts to protect favorable provisions from the Tax Cuts and Jobs Act of 2017 (TCJA) while pushing back on proposed federal spending cuts. "I think it's a little bit of the calm before the storm," Gerson said.