United States

12 days in September: Congress returns to work

Debt ceiling deal buys time, but obstacles remain

THE REAL ECONOMY  | 

Download The Real Economy Vol. 33

While the deal cut by the Trump administration with the Democrats to temporarily lift the debt ceiling until Dec. 15, and provide the first tranche of funding dedicated to relief for the Gulf Coast, will help on the margin, it won’t be sufficient to create the conditions for a quick turn to comprehensive tax reform. In this issue of The Real Economy, I take a look at what the middle market needs to know to navigate the political potholes in the road ahead.

Also in this issue, a look at how the tight labor market is affecting middle market firms and raising compensation costs. RSM’s Rob Wagner takes a look at how outsourcing may help mitigate rising wages and a lack of labor supply. And RSM National Real Estate Leader Richard Edelheit takes a look at multifamily housing, which data show may be cooling off.

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