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Ryan: Watch For GOP Tax Reform

Russell Berman | The Hill

Dec 15, 2013

The House Ways and Means Committee might have missed its target of passing a tax overhaul in 2013, but Rep. Paul Ryan (R-WI) said it hopes to do so “in the first quarter of next year.”

Ryan, a member of the panel who could be its next chairman, said he was “hopeful” about moving tax reform in an interview that aired Sunday on NBC’s “Meet the Press.”

“Watch the Ways and Means Committee in the first quarter of next year,” Ryan said. “We’re going to be advancing tax reform legislation because we think that’s a key ingredient to getting people back to work, to increasing take-home pay and to growing this economy.”

The committee’s current chairman, Rep. Dave Camp (R-MI), has made tax reform his top priority, but Republican Party leaders have been hesitant about unveiling major legislation that could create political challenges for members by eliminating popular deductions to reduce rates.

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