Lawmakers Dispute Cost of GOP Tax Plan

House Republicans’ blueprint for comprehensive tax reform would cost $2.4 trillion or $191 billion over the next decade, depending on how economists score the plan’s impact. A report released by the conservative-leaning Tax Foundation this week uses dynamic scoring to estimate the cost of the GOP tax blueprint at $191 billion. Dynamic scoring forecasts the… Read more »

Republicans Tout Tax Reform Blueprint

House Republicans last Friday unveiled their blueprint for enacting comprehensive tax reform, a key piece of the Republicans’ policy platform rolled out by House Speaker Paul Ryan (R-WI). Though the tax blueprint leaves out some important details – including which deductions would be eliminated and how much the plan would cost – Ryan and House… Read more »

GOP Tax Reform Blueprint Due Tomorrow

House Republicans on June 24 are scheduled to release their blueprint for a comprehensive overhaul of the tax code, which they will seek to enact next year. House Ways and Means Committee Chairman Kevin Brady (R-TX) has not released details of the document in advance, but said it will contain a number of pro-growth ideas… Read more »

Ryan Pushes for ‘Down Payment’ on Tax Reform

House Ways and Means Committee Chairman Paul Ryan (R-WI) this week made clear that he will not seek to overhaul the tax code this year, and will instead focus on making permanent some of the dozens of expired tax breaks known as extenders and other simplifications to the code. According to Bloomberg BNA, Ryan said… Read more »