Panel Plans to Complete New Tax Bill by Oct. 11
Rep. Dan Rostenkowski (D-Ill.), chairman of the House Ways and Means Committee, wants to complete work on a tax overhaul bill by Oct. 11, the start of a five-day congressional recess, staff members disclosed Wednesday.
The committee plans an initial one-hour session next Wednesday and then will begin writing the bill Sept. 26, according to the plan.
As a result, the House probably will not vote on tax revision until at least late October, making it nearly impossible for the Senate to consider the issue until next year.
Senate Majority Leader Bob Dole (R-Kan.), who has said repeatedly that there will not be enough time this year to deal with taxes in the Senate, Wednesday called for faster action from the House.
“I urge my colleagues in the House to speed up the process and not just drop it in our laps in mid-November,” he said.