Meeting for the first time since July, the President's Advisory Panel on Federal Tax Reform began focusing discussions on what recommendations will be included in its report, due on Nov. 1.

Panel Chairman Connie Mack , a former senator, said the day's agenda would include discussions of three major tax expenditures in the current code -- housing, charity and health care. The executive order that established the panel asked the group to recognize, "the importance of homeownership and charitable giving in American society." Mack said provisions relating to health care are the single largest set of tax preferences in the code, affecting almost all Americans.

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