Rep. Reed Would Prefer Revenue-Neutral Tax Reform

The video discusses the upcoming four-day hearings on tax reform, emphasizing the importance of open debate and public engagement. Despite concerns about the limited time for restructuring the tax code, the committee has been preparing for seven years. The discussion also addresses deficit concerns, economic growth strategies, and the perception of rushing the process. The aim is to provide tax relief for American families and address economic challenges, including businesses moving overseas due to the current tax code.

What are the main goals of the tax reform being discussed?

What concerns were raised about the timeline for restructuring the Internal Revenue Code?

How has the committee prepared for the tax reform process over the past years?

What is the significance of the $1.5 trillion borrowing mentioned in the discussion?

Why is there a perceived rush in implementing the tax reform according to the discussion?