In a statement made last week, House Ways and Means Committee Chairman Paul Ryan (R-WI) said that he plans to aggressively pursue tax reform in 2015, with the goal of building support for a tax reform overhaul by the August recess. “Tax reform is a 2015 thing for sure, and I think it has to be done by the end of the summer,” Ryan told reporters in session discussing his long-term agenda. "Summer is, if we’re going to find common ground on tax reform, that’s when that ground will be found.”
Ryan said he would prefer to take the lead on a comprehensive tax reform plan, but would be open to working on reform in phases if that is necessary to gain bipartisan support. He said that he believes that reform could be accomplished within one to three years.
Source: The Hill