President Trump's "America First: A Budget Blueprint to Make America Great Again" proposal includes a provision that would raise an additional $150 million in 2017 through higher quarterly filing fees for large chapter 11s. The budget contains a proposal to increase quarterly fees paid by about the largest 10 percent of chapter 11 debtors to an amount equal to 1 percent of disbursements or $250,000, whichever is less, according to a clarification from the Executive Office for U.S. Trustees. A news summary in yesterday’s Daily Headlines on the budget proposal did not contain the specific nature of the proposed filing fee increase.
