House Speaker John Boehner, R-Ohio, has designated the bill number H.R. 1 for tax code reform. By reserving this position, the speaker is signaling he intends to make tax reform his highest legislative priority.
Republican lawmakers in 33 states wrote to House Speaker John Boehner, R-Ohio, and Senate Majority Leader Mitch McConnell, R-Ky., and to state congressional delegations urging them to take action if the Supreme Court invalidates tax credits for health insurance plans sold through HealthCare.gov, according to the Foundation for Government Accountability.
House Speaker John Boehner, R-Ohio, says that fixing infrastructure in the country is "critically important." He believes a compromise with the White House to pay for construction of roads and bridges can be negotiated and suggests tax reform as a possible solution. Boehner made his statements on 60 Minutes.
The election that gave Republicans control of Congress may also lead to an overhaul of the tax code. President Barack Obama; likely incoming Senate Majority Leader Mitch McConnell, R-Ky.; and House Speaker John Boehner, R-Ohio, all have wish lists for tax code changes, but the question is what they can agree on.
President Barack Obama and House Speaker John Boehner, R-Ohio, have started negotiations to avoid the $607 billion in automatic spending cuts and tax increases that are scheduled to take effect in January if Congress doesn't act. Obama says he wants an immediate tax-cut extension for people earning less than $250,000 and for top earners to pay more. Boehner says he wants to avoid tax rate increases and spending cuts as Congress overhauls entitlement spending and the tax code. Obama, Boehner and other Congressional leaders will meet at the White House on Friday to discuss the "fiscal cliff."
House Republicans are eyeing changes to the "pay-as-you-go" rules that the Democratic leadership put in place. Republicans want a rule called "cut-as-you-go," which would mandate new spending be offset by cuts, not tax increases, according to a spokesman for incoming House Speaker John Boehner, R-Ohio.