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November 19, 2015
Brady outlines Ways and Means priorities; NAFCU remains vigilant
House Ways and Means Committee Chairman Kevin Brady, R-Texas, made no mention of credit unions' tax exemption during his remarks Wednesday on the committee's future plans, but NAFCU will remain vigilant in educating lawmakers about the value of the tax exemption.
Brady did note that fixing the nation's "broken tax code" was a priority in the coming months. In his comments laying out the direction for the committee, Brady said, "America needs a simpler, fairer, flatter tax code that's built for growth – the growth of our family's paychecks, the growth of our local businesses, and the economic growth of our nation."
He also listed making temporary tax provisions permanent and addressing the country's "outdated international tax rules" as priorities.
Brady was selected to serve as the new chairman of the House Ways and Means Committee earlier this month, replacing Rep. Paul D. Ryan, R-Wis., who is now speaker of the House.
In yesterday's remarks, Brady also listed advancing a trade agenda, reforming the nation's welfare programs, saving the Social Security and Medicare programs and reviewing the Affordable Care Act as the committee's top priorities moving forward.
Brady did note that fixing the nation's "broken tax code" was a priority in the coming months. In his comments laying out the direction for the committee, Brady said, "America needs a simpler, fairer, flatter tax code that's built for growth – the growth of our family's paychecks, the growth of our local businesses, and the economic growth of our nation."
He also listed making temporary tax provisions permanent and addressing the country's "outdated international tax rules" as priorities.
Brady was selected to serve as the new chairman of the House Ways and Means Committee earlier this month, replacing Rep. Paul D. Ryan, R-Wis., who is now speaker of the House.
In yesterday's remarks, Brady also listed advancing a trade agenda, reforming the nation's welfare programs, saving the Social Security and Medicare programs and reviewing the Affordable Care Act as the committee's top priorities moving forward.
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