Congress is setting up for a showdown this fall on the budget, the debt ceiling and possibly immigration.
But another item on the agenda hasn't been getting as much attention: changing tax policy. The chairmen of the two tax-writing committees have been working for years, holding hearings, releasing white papers, even hosting bipartisan tax chat lunches at a pub — often with little notice.
Dave Camp is a Michigan Republican and chairman of the House Ways and Means Committee. Max Baucus is a Montana Democrat and leads the Senate Finance Committee.
At gay pride events throughout the country last weekend, marchers celebrated the Supreme Court's ruling striking down the federal Defense of Marriage Act.
Now, the rainbow flags are giving way to calculators and sharp pencils, as gay and lesbian couples start to grapple with the practical impact of what the ruling means for them.
President Obama has directed Cabinet members to implement the ruling "swiftly and smoothly" by extending federal recognition to same-sex marriages for the first time. But that will be easier for some federal agencies than others.
A few weeks ago, Alberto Baco Bague arrived in New York for a roadshow of sorts. In just 48 hours, Baco, Puerto Rico's secretary of economic development and commerce, met with more than 30 hedge fund managers, investors and others who could be classified as very well-off.
His mission might seem quixotic at best: trying to convince these well-heeled New Yorkers to uproot themselves from Manhattan and relocate to Puerto Rico. But he says they are starting to come.