Overview
The Bond Buyer quoted Micah Green in a November 27 article titled “Hatch's Managers' Amendments May Lead to Final Tax Bill.” The article explains how lawmakers in the House and Senate may use a series of managers' amendments from Senate Finance Committee chairman Orrin Hatch to negotiate changes to the tax bill that will ensure its passage by that chamber and then approval by the House. The goal of using managers' amendments to get a bill through the Senate and negotiate differences between Senate and House bills would be to avoid a formal conference on a final tax bill as there is a little more than two weeks left in the session to pass a final tax reform bill.
Mr. Green says, "I really think the House and Senate don't want to do a Dodd-Frank Act-style full open conference because of the very short-time frame that exists to get a bill done.” He adds: “This Congress wants to pass tax reform. Now the devil is in the details."
The full article can be read at The Bond Buyer (subscription required).
