Tax Writers Begin to Chart Course in New Congress

Congressional steering committees have tapped lawmakers to join the tax-writing panels in the House and Senate, and those new additions are starting to set priorities.

Bloomberg Tax’s Lydia O’Neal and Kaustuv Basu join host Amanda Iacone to discuss the news in Congress while negotiations to end the partial government shutdown have stalled.

New Senate Finance Committee Chairman Chuck Grassley (R-Iowa) has announced his intent to look into what authority he has to access President Donald Trump’s tax returns, though it is unclear whether he wants to release them or counter efforts by House Ways and Means Committee Chairman Richard Neal (D-Mass.).

Neal’s committee added new members, including six members of the Progressive Caucus who could shift the panel’s agenda leftward.

Host: Amanda Iacone.
Producer: Nicholas Anzalotta-Kynoch.