REPORT: House Tax Committee’s Oversight Panel to Start Hearings on Donald Trump’s Tax Returns on February 7

Go get ’em.

Democrats in the House of Representatives announced on Thursday that President Donald Trump’s tax returns will be the subject of a hearing scheduled two days after he gives his State of the Union address.

Vice President Mike Pence’s tax returns will also be a subject of the hearing.

House Speaker Nancy Pelosi (D-CA) invited Trump to give the annual speech on the floor of the House on Tuesday, February 5.

On Thursday, February 7, the House Ways and Means Oversight Committee, chaired by Congressman John Lewis (D-GA), will hold a hearing to assess whether they have the Constitutional authority to obtain the president’s financials.

The power to request the documents lies solely with House Tax Committee Chairman Richard Neal (D-MA), who has advocated a heedful approach to poking at Trump’s finances.

“The president has repeatedly said on the campaign trail and then after becoming president, he intended to do this, to release them, except that he was under audit,” Neal said Tuesday. “So that’s the basis we proceed on. He added that if Trump does not agree to a “voluntary submission, then we use the legal apparatus that’s available to us.”

Technically, all Neal has to do is send a request to the IRS. But Democrats are charting a slower course, rather than issuing a subpoena, to avoid possible legal entanglements and Republican complaints about possible overreach.

Some members of the Democratic House caucus would rather seek forgiveness than permission.

“The law is very clear that we’re entitled to get those returns,” Congressman Lloyd Doggett (D-TX), who also sits on Ways and Means, said Thursday. “If the Treasury secretary… refuses to do it, then we will have to take some court action.”

Either way, expect a fight from Trump and Treasury Secretary Steven Mnuchin.

As promised though, Democrats are finally going after Trump’s tax returns.

Trump famously reneged on his promise to release his tax returns as a presidential candidate, becoming the first White House hopeful in 40 years to refuse to make their tax returns public.

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