Obama鈥檚 2015 budget hits Capitol Hill
Need some light reading? came out yesterday. Obama鈥檚 $3.9 trillion fiscal blueprint includes about $1 trillion in new taxes, mostly on the wealthy and large businesses, to fund a combination of new programs and deficit reduction. Learn more (a lot more) about the聽 revenue proposals in the Treasury鈥檚 . Treasury Secretary Jack Lew before the Senate Finance Committee, while OMB Director Sylvia Mathews Burwell before the Senate Budget Committee.
You need this too: a one-stop shop for Camp鈥檚 Tax Reform Plan. Check out the Tax Policy Center鈥檚 for House Ways & Means Committee chair Dave Camp鈥檚 reform plan鈥檚 details, including the very latest TPC commentary and research: Camp for using his 鈥渃lout to change the process or reframe the debate in ways more likely to serve the public.鈥� common, though narrow, ground for consensus among President Obama, Rep. Camp, and even House Budget Committee chair Paul Ryan (R-WI). how Camp鈥檚 plan simplifies tax subsidies for higher education.
Wyden聽announces his Finance Committee senior staff. New Senate Finance Committee chair Ron Wyden is putting his senior staff in place. Long-time Wyden aides Joshua Sheinkman will be staff director and Todd Metcalf will be chief tax counsel.聽 Mike Evans, who聽worked for former Finance chair Max Baucus before moving to K St, will be chief counsel. Wyden has also brought in a number of experienced health policy staffers.
A few more states work for (tax) change. Idaho鈥檚 House of Representatives鈥� Republican majority to cut corporate and individual income taxes by about $126 million moves ahead. New Mexico鈥檚 Republican Governor Susana Martinez signed into : the state鈥檚 businesses can now sell or repair commercial or military aircraft over 10,000 pounds without tax penalty. a bill to collect taxes on prepaid cell phones to fund emergency services to Democratic Governor John Kitzhaber.
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