Arnold Ventures Encourages Prioritization of Fiscal Responsibility in House GOP Conference Rules

Rep. David Schweikert (R‑AZ) demonstrates laudable commitment to ​“the principles of tax reform without adding to the national debt”

WASHINGTON , D.C. (Nov. 14, 2024) — George Callas, executive vice president for public finance at Arnold Ventures (AV), issued the following statement as the House Republican Conference considers amendments to conference rules for the 119^th Congress. 

“Arnold Ventures commends Rep. David Schweikert for proposing an amendment to the House Republican Conference rules that would create a ​‘Chair of the Debt Commission’ in Republican leadership for the 119^th Congress. AV urges members to adopt this rule, and we stand ready to work with all members who seek to advance the principles of tax reform without adding to the national debt.” 

Last month, AV joined several tax experts in a letter to the House Ways and Means Republican Tax Teams encouraging members to pair any extension of the Tax Cuts and Jobs Act (TCJA) with accompanying offsets. Callas previously served as senior tax counsel for both for the Ways and Means Committee and to former Speaker Paul D. Ryan. He has been referred to as ​“an architect of the TCJA.” 

Callas and other tax policy experts are available for comment or interview by contacting media@​arnoldventures.​org.

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Arnold Ventures is a philanthropy that supports research to understand the root causes of America’s most persistent and pressing problems, as well as evidence-based solutions to address them. By focusing on systemic change, AV is working to improve the lives of American families, strengthen their communities, and promote their economic opportunity. Since Laura and John Arnold launched their foundation in 2008, the philanthropy has expanded, and Arnold Ventures’ focus areas include education, criminal justice, health, infrastructure, and public finance, advocating for bipartisan policy reforms that will lead to lasting, scalable change. As signatories of the Giving Pledge, the Arnolds have committed to giving away most of their wealth during their lives.