New York Sen. Chuck Schumer says “significant revenues’’ must be part of any tax reform legislation the Senate Finance Committee considers.
Speaking at a Senate Democratic leadership news conference today, Schumer reaffirmed the position he took last year before the November election in a speech at the National Press Club.
“We have to have revenues as a part of tax reform,’’ he said.
Schumer is a member of the Senate Finance Committee.
The committee’s Democratic chairman, Sen. Max Baucus of Montana, has pledged to work on a so-called “blank slate’’ approach with his House Republican counterpart, Ways and Means Committee Chairman Dave Camp of Michigan.