Tax overhaul bill headed for the shelf

By David Espo

Published February 27, 2014 5:00am ET

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Tax overhaul bill headed for the shelf — When Rep. Dave Camp, R-Mich., chairman of the House Ways and Means Committee, unveiled his 182-page summary for revising the tax code on Wednesday, it marked the beginning, the high point and the end of the issue for the current Congress. (AP image) | J. Scott Applewhite

Ordinarily, the late-winter introduction of major legislation by the chairman of a powerful committee might signal a major push in Congress for an election-year accomplishment.

That’s not the case with tax reform, which now takes its place in the “do not disturb” corner with immigration legislation, trade bills and an increase in the federal minimum wage.

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Associated Press Budgets and Deficits Congress Taxes