House Ways and Means Committee Schedules Tax Reform Hearing

The House Ways and Means Committee has a hearing scheduled for Thursday, May 18, at 10am to discuss tax reform and how it could grow the economy and create jobs. Based on the list of witnesses scheduled to testify, it does not appear that housing tax credits are likely to be a topic during the hearing. That said, the hearing signals progress in Congress on the question of tax reform. While several politicians have signaled the possibility of releasing a tax reform bill by the end of the year, others speculate that the task of comprehensive reform will be too difficult to complete in this calendar year.