Good morning and thank you for joining us for our subcommittee hearing on dynamic analysis of Chairman Camp’s tax reform discussion draft, the Tax Reform Act of 2014.   Today we examine the discussion draft of the Tax Reform Act of 2014, released by Chairman Camp in February.  The draft attempts to overhaul the tax code to create one that is simpler, fairer, and more… Read more

Hearing on Dynamic Analysis of the Tax Reform Act of 2014 … Read more

Congressman Pat Tiberi (R-OH), Chairman of the Subcommittee on Select Revenue Measures, today announced that the Subcommittee will hold a hearing on dynamic analysis of the discussion draft of the Tax Reform Act of 2014, as released by Chairman Dave Camp on February 26, 2014.  Specifically, the Subcommittee will review dynamic analyses of the macroeconomic effects of the draft… Read more

The American people are the most charitable people in the world, donating money, food and clothing in times of need. Their donations ensure that charities and foundations can help individuals and communities across the country.  There are numerous provisions in the tax code that encourage giving, and the bill we have before us today, H.R. 4719 – the America Gives More Act – ensures… Read more

At the end of this month, states across the country will be forced to put road construction projects on hold if Congress cannot address the Highway Trust Fund.  At risk are hundreds of thousands of jobs in the construction industry.  A strong infrastructure is central to commerce and, at a time when millions of Americans are packing their bags to take a vacation, or just… Read more

Businesses all across the country are applauding H.R. 4718, which will reduce the tax burden on businesses by making permanent 50 percent bonus depreciation.  At a time when economic growth is stagnant, making certain tax policy permanent encourages businesses to grow, invest and hire.  Letter from over 100 associations representing millions of businesses and workers across… Read more

We all can agree that funding improvements to the nation’s infrastructure is vitally important to creating economic growth and promoting commerce.  An important feature of our tax reform discussion draft would provide enough revenue to maintain the solvency of the Highway Trust Fund for eight years.   Americans deserve to know that as they travel around town, go to work or… Read more

Washington, DC – Today, the Ways and Means Committee passed by voice vote a bill that would provide nearly $11 billion for highway funding – allowing projects to move forward through May 31, 2015.  Legislation that will be considered by the Senate Finance Committee this afternoon would provide a nearly identical amount of funding.   The Ways and Means package contains three… Read more

Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI), released a package to fund transportation projects through May 31, 2015.  The package contains three policies that have all received strong bipartisan and bicameral support in the past: The two main provisions – pension smoothing ($6.4 billion) and customs user fees ($3.5 billion) – are policies the… Read more

Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) and Oversight Subcommittee Chairman Charles Boustany Jr., M.D. (R-LA) announced a series of requests to the Administration on the destroyed IRS emails: That the White House and Treasury give the Committee details of: How they learned of Lerner’s hard drive crash and the resulting… Read more