House Republican tax chief to huddle with Democrats

By Reuters, via The Fiscal Times.

House Ways and Means Committee Chair Kevin Brady said the meeting with his panel's 16 Democratic members will focus on ways to simplify the U.S. tax code for individuals and stop U.S. companies from moving production and research facilities overseas - both key House Republican tax reform objectives. 

"At the end of the day, I don't want to make a prediction as to where that goes. But I think this engagement's important," Brady told reporters on Monday. "I'd love to have them bring their ideas on how we leapfrog America back into the lead as the most competitive place on earth for that new business." 

The meeting is expected to take place on Wednesday, according to House aides. 

A spokesman for Ways and Means Democrats had no immediate comment. 

Brady said the meeting has nothing to do with the healthcare debacle on March 24, when the Republican-controlled House pulled legislation to repeal and replace the healthcare law known as Obamacare when it became clear that Republicans would fall short of the votes needed. Trump blamed the failure on hardline Republican conservatives who opposed the bill and threatened to reach out to Democrats.