• Tax Reform Update
  • November 21, 2013
  • Law Firm: McDonald Hopkins LLC - Cleveland Office
  • Top House Republican leaders, including Speaker John Boehner (R-OH), Majority Leader Eric Cantor (R-VA) and Majority Whip Kevin McCarthy (R-CA) met with Rep. Dave Camp (R-MI), chairman of the House Ways and Means Committee, for an update on his progress on tax reform efforts.

    The future for tax reform remains murky, despite continuing assertions by Camp and others that a bill would be released and marked-up this year.

    In the beginning of 2013, tax reform was sold as a top priority for GOP leadership. Boehner reserved the symbolic designation of H.R. 1 — the first bill number of this Congress — for a tax overhaul. However, the government shutdown, the fight over the debt ceiling, and the rollout of the Affordable Care Act have taken up much of the political oxygen - and time - in Washington.

    Complicating reform efforts are the looming 2014 mid-term elections. It will be difficult to get members to take potentially difficult votes only months before an election.

    Camp and Senate Finance Chairman Max Baucus (D-MT) traveled around the country earlier this year trying to build support for their tax reform efforts. Baucus is still expected to release a discussion draft in the coming weeks.