By Bernie Becker and Kevin Bogardus from The Hill:
Lawmakers in both parties are already touting their favorite pet projects for inclusion in tax reform.
Members say introducing a targeted proposal gives their issues extra attention and allows them to lay a marker before the real horse trading over a tax code overhaul begins.
Lawmakers in both parties are already touting their favorite pet projects for inclusion in tax reform.
Members say introducing a targeted proposal gives their issues extra attention and allows them to lay a marker before the real horse trading over a tax code overhaul begins.
Both Democrats and Republicans said that they checked in with senior tax-writers in their party before going public with their proposals, for fear of undermining House Ways and Means Committee Chairman Dave Camp (R-Mich.) and Senate Finance Committee Chairman Max Baucus (D-Mont.).
Still, lawmakers acknowledge that their favored causes — such as Rep. Jim Gerlach’s (R-Pa.) planned proposal on conservation easements — will have a tough time becoming law on their own.
“What ends up on the cutting room floor, so to speak, is uncertain at this point. But these individual bills are all important in and of themselves. You want to try and build a consensus around them,” Gerlach, a member of the Ways and Means panel, told The Hill. “And hopefully at the end of the day, it’s part of the final piece.”
House GOP leaders are considering a push to attach a measure expediting tax reform to an increase in the debt ceiling, something that will likely need to be done before October.
Still, lawmakers acknowledge that their favored causes — such as Rep. Jim Gerlach’s (R-Pa.) planned proposal on conservation easements — will have a tough time becoming law on their own.
“What ends up on the cutting room floor, so to speak, is uncertain at this point. But these individual bills are all important in and of themselves. You want to try and build a consensus around them,” Gerlach, a member of the Ways and Means panel, told The Hill. “And hopefully at the end of the day, it’s part of the final piece.”
House GOP leaders are considering a push to attach a measure expediting tax reform to an increase in the debt ceiling, something that will likely need to be done before October.
