Sen. Patty Murray (D) of Washington rose to political prominence by espousing an environmentalist agenda. She also gathered grassroots support to strike down proposed preschool program budget cuts.
Analysis of House Ways and Means Committee Chair Dave Camp's tax reform plan shows that the plan would raise the same amount of money in 10 years as the current law, writes Howard Gleckman. Still, the long-term effects aren't completely certain yet.
The House Oversight and Government Reform Committee will begin its two-part hearing on missing IRS emails today. Tomorrow, the Senate Finance Committee will examine the role of the tax system in reducing student debt.
The House Ways and Means Committee voted to keep a corporate tax break permanent. And that is a mistake, Howard Gleckman writes.
Congress continues to debate the fate of tax extenders, a series of tax breaks that, if continued, would have a major impact on future tax reform efforts.
Congress faces the question of what to do with expired tax subsidies. While some of these provisions were meant to boost the economy after the Great Recession, they could potentially add billions of dollars to the nation's deficit if continued.
The 1,000-page bill puts his plan out there in all its gory detail. And it makes it possible for analysts here at the Tax Policy Center and elsewhere to chew over details, identify strengths and weaknesses, and suggest improvements.
GOP Rep. Dave Camp wants his recently unveiled tax reform plan to bring simplicity to a US tax code that is '10 times the size of the Bible with none of the good news.' It won't get traction this election year, but it starts the conversation.
Howard Gleckman writes that a broad proposal from Utah's junior senator, Mike Lee, would cut taxes for families, but add $2.4 trillion to the deficit, too. But is there a way to implement some of Lee's concepts without taking on a deficit increase?