HOUSE WAYS AND MEANS COMMITTEE
The cost of higher education has reached the point where the House Ways and Means Committee had hearings in September of 2016 about the uses of college endowments. During the hearing Rep. Peter Roskam (R-Ill.), chairman of the Ways and Means Oversight committee, asked whether the tax code should be used to encourage people to donate money specifically for scholarships at universities.
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Carried interest reform will almost certainly be part of any major tax reform bill offered by Camp or Baucus. But it's also possible that even if tax reform efforts fail or stall, carried interest legislation could find its way into an extenders package or as a pay-for for deficit reduction or an extension of the debt limit.