Tax Reform Panel Delays Recommendations Until October

As expected, Reuters reports that the President’s Advisory Panel on Federal Tax Reform will delay the release of its recommendations until the end of October to allow time to complete Hurricane Katrina business before turning to tax reform:

A panel recommending changes to the U.S. tax code will not make its report until the end of October when the public is less focused on Hurricane Katrina, Treasury Secretary John Snow said on Tuesday.

“Their work is so foundational, so critical to where we wanted to go from here, that we wanted it to receive appropriate attention,” Snow said after a speech to McDonald’s Corp. executives and lobbyists.

Read the full piece here.