Bush to Get Options on Revamping Tax System

The White House will soon begin reviewing specific options to overhaul the federal tax system, edging into one of the most volatile economic issues, administration officials said today.

After studying the issue for months and promising to make recommendations by the end of the year, Treasury Secretary Paul H. O'Neill told an audience in Iowa today that he intended to deliver options to the White House in a few weeks. Aides said he meant some time after Election Day. [read more]

Why does this make me nervous?