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Friday, July 19, 2024

Republicans on ‘super committee’ want tax reform

Demonstrators from the activist group "Code Pink" hold up signs of protest prior to the opening session of the Congressional Super Committee, which is searching for at least $1.2 trillion in new deficit reductions, in Washington, DC, September 8, 2011. REUTERS/Mike Theiler

The congressional “super committee” on deficit reduction should consider comprehensive tax reform, two Republican members of the panel said on Thursday at the bipartisan committee’s first meeting.

Representatives David Camp, chairman of the House Ways and Means Committee, along with Senator Rob Portman said such reform could be a key to bringing down the deficit and spur economic growth.

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5 thoughts on “Republicans on ‘super committee’ want tax reform”

  1. It’s not like they have much time for considering anything very complex! This is the deficit reduction committee. In their very limited time frame before Option B kicks in, they can propose some program spending cuts, propose elimination of some tax loopholes and subsidies, and propose some higher tax rates. Those are pretty much their only options. They just don’t have time to work out anything more elaborate.

    Once they come up with a combination (or possible combinations) of those, Congress has to pass something that meets the deficit reduction goal by the deadline. That takes some time, too.

  2. I wonder if any of these people now sitting on this unconstitutional ‘super committee’ of Congress, now having degenerated into an old “sovietski” styled politburo have read the “Government Fraud and Waste Report”…probably not!

    We’re dealing with apparatchiks here, smug in their incumbency with little serious focus on solving this nations financial crisis.

    This nation is in harms way with this ‘group of 12’ determining the financial fate of our nation.

    We’re in the sweephand mode to the midnight of our destruction. Financial icebergs are ahead and no one from the Captain; I.E., Obama to the madmen and women in the engine room who are simply responding to his inept orders of making flank speed to national oblivion.

    Carl Nemo **==

    • Love the picture of the trash cans in your link, Carl.

      Oh, wait, that’s waste that is dealt with; Oh… by the government. Oh dear.


  3. While they run willy nilly attacking the problem in a comprehensive manner they continue to ignore the following word in the dictionary which is compress.

    By definition a comprehensive approach is all well and good until the comprehending fails to compress the problem into a workable solution.

    Comprende ?

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