Camp Tax Reform Bill Appears Unlikely in 2013 (and Possibly 2014)

It appears that House Ways and Means Committee chairman Dave Camp (R-Mich.) will not meet his self-imposed deadline of moving a tax reform bill through the Committee in 2013.

Following Rep. Camp’s meeting last Thursday with Speaker of the House John Boehner (R-Ohio) and other top House Republican leaders, the prospect of Rep. Camp introducing a tax reform bill in 2013 appears unlikely at best.  There have been rumblings that top Republicans want to postpone any tax reform bill for fear that it would allow Democrats to divert attention from the recent issues that have plagued the rollout of

Some Republicans have gone so far as to question whether a tax reform bill is even possible in 2014, given the budget and debt ceiling fights that are expected in the coming months and the fundamental differences between the Republicans and Democrats over possible tax increases. While Rep. Camp has refused to make any prediction on timing following last Thursday’s meeting, he has said that he “would continue to move ahead on the bill and continue to refine it.”

It is unknown how the timing is affected by the release of tax reform discussion drafts by Senator Baucus (D-Mont.), but Rep. Camp praised Sen. Baucus for “his continued commitment to advancing tax reform forward.”

For more information, read reports from Politico  and from Bloomberg.

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