1. TAX POLICY:
Probing for clues in a mysterious proposal
It wasn't much of a surprise when Rep. Dave Camp offered no renewal for a key renewable energy production incentive in the sweeping tax reform draft he released late last month. However, the House Ways and Means chairman caught almost everyone following the issue off-guard with his proposal to claw back additional revenue by reducing the incentive's value by more than a third for those who already received it.