Ryan Looking for “Common Ground” on Tax Reform

House Ways and Means Committee Chairman Paul Ryan (R-WI) this week dismissed President Obama’s “tax-and-spend approach” in his FY16 budget proposal, but said he wants to see where he can find common ground with the White House on tax policy. At a Feb. 3 hearing on the president’s budget request, Ryan said the administration has… Read more »

Hatch Announces Tax Reform Working Groups

Senate Finance Committee Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) this week announced the formation of five bipartisan working groups that will study current tax law and help develop a comprehensive tax reform plan in this Congress. Policy focus areas for the working groups include: individual income tax; business income tax; savings… Read more »

Ryan, Murray Propose Panel to Look at Tax Breaks

House Budget Committee Chairman Paul Ryan (R-WI) and Senate Budget Committee Chairman Patty Murray (D-WA) have proposed forming a bipartisan commission to study how to expand the accessibility of data to evaluate the effectiveness of various federal programs and tax breaks. The bill introduced by Ryan and Murray last week would establish a 15-member commission,… Read more »

GOP Hopes To Do Tax Extenders In Lame Duck

Republican leaders have signaled an interest in renewing dozens of expired tax provisions before they take control of the Senate in January. Sen. Mitch McConnell (R-KY), who this week was unanimously elected to be the Senate Majority Leader when the 114th Congress convenes, listed a government spending bill and tax extenders as top priorities for… Read more »