Simply Tax® Episode 133: Where Things Stand with Build Back Better

Thoughtware Podcast Published: Oct 22, 2021
Simply Tax® Episode 133

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A deal on budget reconciliation is proving elusive in Congress. Guest Travis Lucas is back with host Damien Martin to cut through the static of the headlines in Washington, D.C. Here’s what they cover:

  • Impact of the 2022 elections
  • Who’s against who
  • Getting the requisite Democratic votes
  • The new four tectonic plates
  • Getting to a topline number
  • Debt ceiling politics
  • Timing of the bipartisan infrastructure and budget reconciliation bills
  • What the final budget reconciliation bill might look like


Travis Lucas is the managing principal at The Lucas Law Firm. A former trial court judge and frequently retained legal counsel, Travis has built a nationally recognized practice assisting clients on many corporate, tax, estate planning, and asset protection law matters over the past twenty years. Travis is a practicing attorney for entrepreneurs, corporations, nonprofit organizations, executive officers, and board of director leadership, among others, on specific legal and public policy matters. He has quarterbacked numerous commercial transactions, drafted tax law provisions, negotiated and closed complex deals, drafted asset protection bulwarks and sophisticated estate planning vehicles, and counseled many small to blue-chip organizations on corporate legal compliance matters.

Travis is a frequent lecturer on the law and the public policy behind the law, speaking to various legal and nonlegal professional groups about twice a quarter, oftentimes presenting his lectures to hundreds at a time. He has been a teaching faculty member of the American Bar Association and Texas State Bar Association continuing legal education courses for practicing attorneys in addition to teaching professional continuing education seminars for non-attorneys ranging from corporate officers to physicians.



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