Significantly increased production of natural gas in the United States has dramatically changed the country’s energy landscape—both lowering domestic natural gas prices and providing substantial economic benefits. At the same time, debate has surrounded the environmental impacts of natural gas as compared with other fossil fuels.
Congressional momentum for tax reform has grown in recent years, with the Senate Finance and House Ways and Means Committees hosting numerous hearings and listening sessions around the country, publishing option papers and discussion drafts, and releasing comprehensive plans.
The goal of preventing a nuclear Iran has always been a bipartisan one. As diplomatic efforts shift to negotiating a final deal with Iran, following the recently announced interim agreement, maintaining that bipartisanship, especially in the form of cooperation between the White House and Capitol Hill, will be crucial to their success.
Updated December 3, 2012
The 112th Congress can take clear action to avoid the “fiscal cliff” and establish a framework for achieving comprehensive spending and tax reform in 2013.