Fix the Debt Reacts to Release of Tax Reform Discussion Papers

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Non-partisan campaign commends Senator Baucus for commitment to comprehensive tax reform.

This week, Senate Finance Committee Chairman Max Baucus released a series of tax reform discussion drafts aimed at developing proposals to help reform America’s broken tax code. According to the Washington Post, Baucus has asked for comments by January 17.

The Campaign to Fix the Debt, a non-partisan movement asking lawmakers to work together on legislation large enough to stabilize and reduce the national debt as a share of the economy, noted this development represents significant progress toward the goal of comprehensive tax reform, which could help to address the country’s fiscal challenges and unlock the full potential of the American economy.

“The Campaign to Fix the Debt commends Senator Baucus for his continued commitment to comprehensive tax reform,” said Maya MacGuineas, head of the Campaign to Fix the Debt. “The release of these thoughtful discussion drafts is an important step forward in the tax reform process, and reflects the understanding that real reform will require making tough choices. The Campaign looks forward to working with Chairman Baucus, Chairman Camp, and other Members of Congress in the coming weeks and months to develop a simpler and fairer tax code that broadens the base, lowers rates, promotes growth and competitiveness, and reduces the deficit.”

Members of the Campaign to Fix the Debt come from a broad range of social, economic and political perspectives with the belief that America's growing debt burden threatens our future, and that we must address it now. The Campaign mobilizes key communities – including leaders from business, government, and policy – and people all across America who want to see elected officials step up to solve our nation's fiscal challenges.

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For more information about the Campaign to Fix the Debt, please visit http://www.fixthedebt.org.

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Jon Romano
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