After two months of delay, the Obama Administration released its proposed 2014 budget on April 10. The 244-page document outlines the President’s spending priorities for the coming fiscal year. The proposal calls for $1 trillion in government-wide savings, while also proposing $580 billion in new taxes. While the President supports revenue-neutral corporate tax reform, he said such reform should be done separately from the effort his budget makes toward reducing the deficit with new tax revenues. For further analysis of the President's budget as it relates to clean energy, please see the full article, "In Time of Austerity, President’s 2014 Budget Prioritizes Clean Energy Funding."
Sahir Surmeli is a Mintz business counselor who advises companies, boards, entrepreneurs, investment banks, and venture and private equity investors as they grow. He handles public offerings, 144A and private financings, acquisitions, joint ventures, and strategic partnerships.