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Election Year Politics and Tax Reform Featuring Jeff Bush, The Washington Update
A dynamic and insightful speaker and author, Jeff Bush of The Washington Update breaks down the 2024 national elections in his unique and entertaining style. Learn investment and retirement planning strategies you can use to manage and possibly even capitalize on policy changes.
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- Likely tax reform outcomes
- How future tax and spending policy could impact business owners, executives, and savers
- The market’s likely reaction and potential fallout based on the candidates and parties that come out on top.
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Current Overview: After a flurry of legislation in 2022, we hit the doldrums in 2023. As Jeff accurately predicted, Congress wrestled with increasing the debt ceiling, and the budget debate crowded out any significant legislation late in 2023 as politicians ramped up their 2024 campaign efforts.
Early in 2024, Congress continues its struggle to pass a budget bill. To get this done, elements of funding for Israel, Ukraine, and Taiwan will have to pair with significant border security compromises by the White House. Jeff expects to see some narrow bi-partisan bills pass in 2024. These narrow bills are associated with leaving voters the appearance of a functioning government. The United States/China relationship will continue as a primary focus for regulators and legislators, affecting industries and markets considerably.
Jeff predicts continued market volatility as Congress struggles with its basic budgeting function. There will be a more intentional focus on fiscal policy ahead of the 2024 election. This attuned focus will shade any legislative negotiations as our current fiscal situation is untenable. His presentation gives audiences a fuller understanding of this complex issue, including prospects for Social Security reform.
Republican control of the House of Representatives allows for continued investigatory authority across various issues, including border security failings, Ukraine war funding, Hunter Biden, Biden impeachment, and more.
The 2024 elections are the lens by which both parties will frame their efforts this year. Given that reality, Jeff breaks down the 2024 elections for the White House, Senate, and House of Representatives. Jeff suggests that the 2024 presidential election is the most interesting race in modern history, with more than a handful of non-traditional candidates and parties vying for the White House, and seemingly an electorate eager to hear from them. With President Biden running for a second term and drawing little challenge, the Democratic nomination is all but certain. President Trump continues to dominate the GOP primary despite or because of, his legal challenges. Jeff breaks down the elections and provides an analysis to his audiences in his unique and entertaining style.
Within an investor’s financial planning window is the expiration of the Tax Cuts and Jobs Act. Jeff explains the time-sensitive opportunities in the code, the investor reality should it expire, and the likely tax reform outcomes resulting from the 2024 elections. With a tax bill all but inevitable in 2025, he explains how the country’s future tax and spending policy impacts business owners, executives, and savers.
Jeff’s unique insights help investors and financial advisors navigate the changing landscape emanating from the nation’s capital. His presentation includes specific investment, wealth transfer, and retirement planning strategies.
About Jeff Bush
Jeff is the principal of the Washington Update, the industry’s nonpartisan expert on all things Washington. A dynamic and insightful speaker and author, he presents more than 200 times yearly in the US and abroad to a who’s who list of fortune 500 firms from Wall Street to Main Street and everywhere in between. Jeff frequently appears on CNBC’s Nightly Business Report, is featured in various industry publications, and is a guest on POTUS Sirius/XM Radio. He is known for his unique ability to translate difficult and confusing information coming out of Washington D.C. into winning growth strategies for business owners, executives, and high-net-worth investors.
While Jeff is best known as a keynote speaker, he has shared the stage with many notables, including prior Chairman and Vice Chairman of the Federal Reserve, Ben Bernanke and Stanley Fischer, Ron Insana, a reporter for Market Score Board and former Senior CNBC Analyst, Consuelo Mack, host of Wealth Track, Jeffrey Applegate, CIO for Morgan Stanley, Robert Reynolds President and CEO of Putnam Investments, and John Theil, former Vice Chairman of Global Wealth Management at Bank of America.
Raymond James does not provide tax or legal services. Raymond James is not affiliated and does not endorse the opinions of Jeff Busch or The Washington Update. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website’s users and/or members.
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