Now that Congress has passed the Tax Cuts and Jobs Act, what’s next on the legislative agenda? Washington policy expert Doug Fisher weighs in on what we can expect depending on the results of upcoming mid-term elections.

On December 19, 2017, the House and Senate approved final passage of the Tax Cuts and Jobs Act (H.R. 1). The law provides $5.5 trillion in tax cuts with $4 trillion in offsetting tax increases. This leaves a net $1.5 trillion of unfunded tax cuts.