White House Rejects Baucus-Camp Approach To Tax Reform | Talking Points Memo

Senior White House officials have dismissed Senate Finance Committee Chairman Max Baucus’ efforts to reach a tax reform compromise with his House GOP counterpart absent a commitment to raise new revenue from top earners.Baucus, a Montana Democrat, and House Ways and Means Committee Chair Dave Camp, a Michigan Republican, co-authored a Sunday Wall Street Journal op-ed suggesting their efforts won’t be geared toward devoting revenues toward deficit reduction but toward lower rates.


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