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POLITICS: PennAve

John Boehner open to GOP tax reform plan but won't commit to 2014 vote

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Politics,Congress,Susan Ferrechio,Taxes,House of Representatives,John Boehner,PennAve,Economy,Dave Camp,Budgets and Deficits

House Speaker John Boehner said he is receptive to a tax reform plan one of his top Republican lieutenants will release today, but gave no guarantees the House will vote on the proposal this year.

Boehner, R-Ohio, told reporters after a private meeting with House Republicans, that House Ways and Means Committee Chairman Dave Camp, R-Mich., will release a “discussion draft” on tax reform that will spark a much needed “public discussion” about the issue.

But as for House action, Boehner wouldn’t commit to a timeline.

“We're going to start the conversation today,” Boehner said. “Now, I expect the members and our constituents and the American people to take part in this conversation. I think it's a healthy conversation to have, and I look forward to it.”

Camp has released some details of his plan, which includes the creation of two tax brackets — one set at 10 percent, the other at 25 percent. It would impose an additional tax on some types of earned income above $450,000.

Camp's plan comes a day after the Senate's top GOP and Democratic leaders said tax reform is unlikely in the upper chamber this year, with both sides blaming each other for the impasse.

The Senate's newly minted Senate Finance Committee Chairman Ron Wyden, D-Oregon, is working on his own tax reform plan but has provided no timeline for finishing it.

Boehner, meanwhile, did not dismiss any of Camp’s ideas outright and suggested he would support closing tax loopholes in exchange for lowering rates and broadening the tax base.

“The idea of tax reform is to get our economy going again, provide better, more economic growth, more jobs and higher wages,” Boehner said. “The way you do that is you bring down rates. And to bring down rates, you clean out a lot of the garbage that's in there and the special interest issues that are in there.”

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Susan Ferrechio

Chief Congressional Correspondent
The Washington Examiner