(Bloomberg) — The latest attempt to make the biggest change to the U.S. tax code in 29 years isn't just an exercise, said the top Senate Republican tax-law writer.
Orrin Hatch of Utah, chairman of the Senate Finance Committee, said "cynics" shouldn't discount the possibility of bipartisan progress.
"This is not theater, nor is it just for show," Hatch will say Tuesday in a speech at the U.S. Chamber of Commerce in Washington, according to prepared remarks. "I don't want to just release a framework or a proposal that doesn't go anywhere. My only goal when it comes to tax reform is to make new law."
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