• Top Senate Republican on taxes says 'Big Six' won't dictate reform

    14 Sep 2017 | Economic News

The U.S. Senate’s top Republican tax law writer warned on Thursday that the “Big Six” negotiators from the White House, Senate and House of Representatives would not dictate to his committee the direction of expected tax reform legislation.

In a defiant statement coming as Republican leaders from the Trump administration and Congress prepare to unveil their tax reform framework, Senate Finance Committee Chairman Orrin Hatch said his panel would not be “anyone’s rubber stamp” and that its legislation would reflect the consensus views of its members.

“The group – some have deemed us the Big Six – will not dictate the direction we take in this committee,” he said. “The Finance Committee will not be bound by any previous tax reform proposal or framework when we start putting our bill together.”

Overhauling the U.S. tax code is a top priority of President Donald Trump and congressional Republicans, but they have made little progress since taking power in Washington in January via a closed-door process that has excluded Democrats.


Reference: Reuters

Read More: http://www.reuters.com/article/us-usa-tax/top-senate-republican-on-taxes-says-big-six-wont-dictate-reform-idUSKCN1BP21D



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