U.S. Senate Finance Committee Chairman Orrin Hatch (R-UT) spoke on the floor of the U.S. Senate about the need for comprehensive tax reform and the “ongoing effort” to reform the Internal Revenue Code.
Chairman Hatch addressed the tax reform process (among other things) in his statement and said, in part:
Today, I want to take a few minutes to rebut the growing narrative in the media and elsewhere that tax reform is going to be a secretive exercise, involving the input of only a few key players.
True enough, there have been meetings involving the administration, House and Senate leaders and tax-writers in recent weeks, wherein we’ve been discussing tax reform at a high level in an effort to reach some agreement.
However, while this process may result in an agreed upon framework, this will not be the be-all-end-all of tax reform. On the contrary, as chairman of the Senate’s tax-writing committee, I am committed to ensuring a robust process in the Senate for developing, considering, and passing any tax reform package. * * * Toward that end, I have been working to involve all the Republican members of the Senate Finance Committee in this effort. * * *
And, I’ve asked some senators to focus on particular areas.
Chairman Hatch said that he had asked the following senators to focus on the following areas:
Hatch also noted his intent to enlist the help of other Finance Committee members, over time, on particular tax issues.
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