Kevin Brady, former Republican Congressman from Texas, says Democrats are effectively in control of the timing and content of government funding legislation during the lame-duck session as control of the House changes hands. Brady says he expects lawmakers to extend government funding rather than allow a shutdown, although the timing remains unsettled. Brady says divided government could create opportunities for bipartisan tax policy, including IRS reforms and changes related to the 2025 tax law. Brady says Democrats are also likely to pursue restoration of renewable-energy, child and health-care tax credits while proposing higher taxes on corporations and individuals. He speaks with Joe Mathieu and Kailey Leinz on Bloomberg’s "Balance of Power."
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