Does Tax Reform Have a Chance Now?

Paul Ryan’s rise to House speaker “is fanning hopes that a once-in-a-generation tax overhaul might be on the horizon,” Politico reports.

“The Wisconsin Republican who claimed the gavel last week is one of Congress’ preeminent tax experts, an ardent advocate of rewriting the code with lots of ideas on how to do it… But now Ryan has far more power to put the issue on Washington’s agenda — and the latest budget deal between congressional leaders and the White House should give him ample room to launch his speakership without being distracted by constant battles over funding the government and raising the debt limit.”