Tax Bill Becomes Law
On December 21, Congress gave final approval to its sweeping tax reform bill. The final bill reflects the advocacy of students and other higher education advocates who quickly mobilized to beat back provisions that would have significantly increased the cost of a post-secondary education. For details on the provisions included in the final bill, see our December 18 post.
Going forward, additional outreach to the Hill will be necessary in order to highlight challenges resulting from the new law. Senators and representatives from both sides of the aisle have already indicated a need for follow-on legislation to correct problems caused by the hastily written legislation.