(WASHINGTON EXAMINER) The top lawmakers on the House and Senate tax writing panels warned the Obama administration Wednesday to forgo taking executive action on taxes.
In a letter to Treasury Secretary Jack Lew, Senate Finance Committee Chairman Orrin Hatch and House Ways and Means Committee Chairman Paul Ryan called on the president to work with Congress to reform the system. The two Republicans warned that unilateral action on taxes would be "a mistake, both constitutionally and politically."
Hatch, of Utah, and Ryan, of Wisconsin, sent the letter to Lew after the White House signaled Obama is interested in eliminating some tax breaks through executive action, particularly those that benefit large corporations and the wealthy.
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