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Extraction Summary

6
People
9
Organizations
4
Locations
4
Events
2
Relationships
3
Quotes

Document Information

Type: Newsletter / client briefing
File Size: 1.69 MB
Summary

This document is a 'Tax Topics' newsletter from Deutsche Asset & Wealth Management, dated December 20, 2013, authored by Blanche Lark Christerson. It analyzes a recent bipartisan budget deal, discusses the status of tax reform legislation, and explains temporary tax provisions known as 'extenders'. The document contains no direct mention of Jeffrey Epstein; its relevance is likely contextual, stemming from its origin at Deutsche Bank and its inclusion in a collection of documents from the House Oversight Committee, as indicated by the footer.

People (6)

Name Role Context
Blanche Lark Christerson Managing Director, Senior Wealth Planning Strategist
Author of the 'Tax Topics' newsletter for Deutsche Asset & Wealth Management.
Paul Ryan House Budget Committee Chairman (R-WI)
Negotiated a budget deal with Patty Murray in late 2013.
Patty Murray Senate Budget Committee Chairman (D-WA)
Negotiated a budget deal with Paul Ryan in late 2013.
President Obama President of the United States
Mentioned as the one who will sign the budget deal into law.
Max Baucus Senator (D-MT), Chairman of the Senate Finance Committee
Put forth discussion drafts of tax reform legislation.
Dave Camp Representative (R-MI), Chairman of the House Ways and Means Committee
Acknowledged falling short on his goal of introducing tax reform legislation in 2013.

Organizations (9)

Name Type Context
Deutsche Asset & Wealth Management
The publisher of the 'Tax Topics' newsletter.
U.S. House of Representatives
Passed the budget agreement on December 12, 2013. Its committees (Budget, Ways and Means) are mentioned.
U.S. Senate
Passed the budget agreement on December 18, 2013. Its committees (Budget, Finance) are mentioned.
U.S. Congress
Mentioned as the body that drafts spending bills and renews temporary tax provisions ('extenders').
House Budget Committee
Chaired by Paul Ryan.
Senate Budget Committee
Chaired by Patty Murray.
Senate Finance Committee
Chaired by Max Baucus.
House Ways and Means Committee
Chaired by Dave Camp.
House Oversight
Referenced in the footer 'HOUSE_OVERSIGHT_022325', indicating the document is part of a collection from the House Ove...

Timeline (4 events)

2013-12-12
The U.S. House of Representatives passed a budget agreement with a vote of 332 to 94.
Washington, D.C.
2013-12-18
The U.S. Senate passed the budget agreement with a vote of 64 to 36.
Washington, D.C.
2013-12-31
Expiration date for 57 temporary tax provisions known as 'extenders'.
Late 2013
House Budget Committee Chairman Paul Ryan and Senate Budget Committee Chairman Patty Murray negotiated a budget deal to forestall a government shutdown for two years.
Washington, D.C.

Locations (4)

Location Context
State represented by Paul Ryan.
State represented by Patty Murray.
MT (Montana)
State represented by Max Baucus.
State represented by Dave Camp.

Relationships (2)

Paul Ryan Political Counterparts / Negotiators Patty Murray
The document states they 'have hammered out a budget deal'.
Her title is listed as Managing Director at the firm.

Key Quotes (3)

"...a budget deal that forestalls - for two years - another government shutdown, and limits some of the forthcoming sequester cuts..."
Source
HOUSE_OVERSIGHT_022325.jpg
Quote #1
"...this budget agreement does not address the debt ceiling suspension, which expires in February, and that another fiscal showdown is therefore possible early next year."
Source
HOUSE_OVERSIGHT_022325.jpg
Quote #2
"Although "extenders" are not defined anywhere, they generally refer to temporary provisions of the tax law that Congress regularly renews..."
Source
HOUSE_OVERSIGHT_022325.jpg
Quote #3

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