Statement from the Peterson Foundation on Chairman Camp’s Tax Reform Discussion Draft
NEW YORK — Michael A. Peterson, President and COO of the Peter G. Peterson Foundation, commented today following the release of the “Tax Reform Act of 2014,” by Ways and Means Chairman Dave Camp:
”Chairman Camp deserves credit for putting forward a constructive proposal to address our broken tax code. His draft legislation presents a valuable and long-overdue opportunity for our nation’s policymakers to begin a real conversation about tax reform — an issue at the heart of our nation’s economic future. A well-crafted, bipartisan reform plan would not only make the code more simple and more fair, but could also boost our economy and improve our fiscal outlook over the long term.”
For the Committee on Ways and Mean’s Tax Reform Plan, click here. For the Joint Committee on Taxation’s analysis of the “Tax Reform Act of 2014,” click here.
Further Reading
Healthcare Spending Will Be One-Fifth of the Economy Within a Decade
Healthcare spending in the United States is rising, with serious implications for the federal budget.
Quiz: How Much Do You Know About the Federal Budget?
A strong fiscal outlook is an essential foundation for a growing, thriving economy. Take our quiz to see how much you really know about the federal budget.
What Is SNAP? An Overview of the Largest Federal Anti-Hunger Program
SNAP has a positive effect on poverty and food insecurity, with a relatively small effect on the federal budget.