August 30, 2014
WASHINGTON (AP) - Republican lawmakers are intensifying their
demands for quick congressional action on the tax code.
Forty-one Senate Republicans wrote to Senate Majority Leader Harry Reid on Thursday, telling the Nevada Democrat that they want a vote this summer to head off tax increases that will automatically take effect on Jan. 1 unless Congress acts. Those increases would affect taxpayers across income levels.
Separately, House Ways and Means Committee Chairman Dave Camp says he wants to combine a push to head off those tax cuts with another effort to overhaul the entire tax code.
Republicans want to prevent tax increases for aIl taxpayers. President Barack Obama and congressional Democrats prefer letting tax rates rise for the highest earning Americans.
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