This is a special edition podcast to bring you an interview with a key lawmaker, Sen. Chris Van Hollen, about how Democrats will respond to Republican tax cuts.
“When it comes to the tax breaks for millionaires that will definitely be revisited,” the Maryland Democrats tells CQ’s budget and tax editor Peter Cohn.
Van Hollen spoke to Cohn Tuesday a day after House Republicans unveiled a new tax package. The legislation would extend two dozen expired tax breaks, revamp the IRS and offer corrections to last year’s tax code overhaul, among other things.
In a wide-ranging interview, Van Hollen discussed how Democrats will respond to the new tax proposal, how his party may push to obtain President Donald Trump’s tax returns, the prospects for an infrastructure spending package, the impact of the midterm elections and the possibilities for bipartisan cooperation. He spoke at a Roll Call Live Election Impact forum hosted by FiscalNote, CQ’s parent company.
Van Hollen is one of the Democratic party’s best utility players. He’s a seasoned political strategist who has chaired the campaign committees for both House and Senate Democrats. He’s also a policy wonk who is steeped in fiscal policy because of his experience on the House Ways and Means and budget committees, and currently as a Senate appropriator.