The heads of the President's Advisory Panel on Federal Tax Reform announced that both of the panel's meetings scheduled for September will be postponed indefinitely.

"There is mutual agreement among the chair, vice-chair, panel members, Treasury Department and the White House to postpone our two upcoming meetings," said the panel's executive director, Jeffrey Kupfer, in a statement.  "In addition, we are having ongoing discussions to determine when the panel's final report will be delivered to the Treasury secretary."

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