Republicans aim to roll out a plan for a broad overhaul of the tax code by June, a prominent lawmaker said Friday.
Kevin Brady, the chairman of the House Ways and Means Committee with jurisdiction over taxes, said that Republicans “intend to produce a consensus blueprint” for tax reform by June, prior to the national convention in July.
Speaking at the U.S. Chamber of Commerce in downtown Washington, Brady cast the effort as laying the groundwork for Congress to pass an overhaul in 2017.
“Americans shouldn’t be forced to endure another year of this miserable experience,” the Texan said.
House Speaker Paul Ryan asked the Republican-led committees to lay out visions for a GOP legislative agenda for 2017 in the case that a Republican president is elected. Brady said that the committee is meeting regularly with colleagues in the broader conferences.
The committee is examining “the whole range of tax ideas,” he said, including plans from his colleagues that would shift the U.S. away from taxing income and savings and toward taxing consumption, a fundamental change. That would differ from the tax reform draft laid out by his predecessor, Michigan Rep. Dave Camp, in 2014.
