- Now it’s a Trend: Another Tax-Writer Stepping Down, as Camp set to Retire
- April 11, 2014
- Law Firm: Sutherland Asbill Brennan LLP - Washington Office
House Ways & Means Chairman Dave Camp (R-Mich.) formally announced that he would retire at the end of the current Congress. Many saw this decision coming, as House Republican conference rules will require Rep. Camp to relinquish his chairmanship of the powerful Ways & Means Committee after this Congress. As Chairman, Rep. Camp has pushed hard for comprehensive tax reform, a goal which has eluded him to date and he is unlikely to achieve in his last 9 months in office. In yesterday’s press release, Camp promised that during his remaining time in Congress he would “redouble [his] efforts to grow our economy and expand opportunity for every American by fixing our broken tax code, permanently solving physician payments for seniors, strengthening the social safety net and finding new markets for U.S. goods and services.”
Rep. Camp’s announcement comes on the heels of former Senator Max Baucus (D-Mont.), his tax reform partner, announcing his retirement and then leaving the Senate early to become ambassador to China. Potential successors as Chairman of Ways and Means include Rep. Paul Ryan (R-Wisc.) and Rep. Kevin Brady (R-Tex.). Notably, in his 2015 budget plan, released today, Rep. Ryan calls for the overhaul of the tax code but does not endorse Chairman Camp’s tax proposals released last month.