Credit unions excluded from Ross tax reform bill

Monday, Rep. Dennis Ross of Florida introduced a revised version of his tax reform bill fixing what he said was a mistake that accidentally included credit unions in the reform. The Bowles-Simpson Plan of Lowering America's Debt Act has seven reforms recommended to reduce spending, but credit unions are no longer among them. 

Ross has been a supporter of credit unions for a long time, said Brad Thaler, the vice president of legislative affairs for the National Commission on Fiscal Responsibility and Reform.

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