Then In 2010, then-Speaker of the House Nancy Pelosi (D-CA) said that unemployment insurance “is one of the biggest stimuluses [sic] to our economy….It creates jobs faster than almost any other initiative that you can name.” Now Unfortunately, Ms. Pelosi forgot that there is no such thing as a free lunch and employers end up paying higher taxes.  As today’s Wall Street… Read more

In one of the clearest signals yet that small business has yet to warm to the president’s latest jobs proposal, a new survey reveals that more than two-thirds of small business owners do not believe that passage of the president’s plan would change their plans to hire.  In a recent MSNBC interview National Small Business Association president Todd McCracken emphasized that hiring is… Read more

Good morning and thank you for joining us for another in the series of hearings on comprehensive tax reform.  Today we will begin an examination of energy tax policy and tax reform. I’m glad this hearing will be a joint effort between the Select Revenue Measures Subcommittee and the Oversight Subcommittee.  Both subcommittees play an important role in reviewing energy tax… Read more

Today, the New York Times editorial page repeated the President’s bogus claim that the current U.S. tax system has “millionaires and billionaires pay[ing] lower tax rates than middle-class families.”  This blatant falsehood is behind the President’s newly proposed “Buffett Rule.”  However, as the table below shows, every bit of tax data proves the New York Times and President… Read more

JOINT HEARING ON ENERGY TAX POLICY AND TAX REFORM _________________________________________ HEARING BEFORE THE … Read more

Good morning and thank you for joining us for the latest in our continued series of hearings on comprehensive tax reform.  Over the last several months, as we’ve discussed the various facets and complexities associated with comprehensive tax reform, a wide array of economists and business leaders have testified before this Committee that comprehensive tax reform that lowers rates by… Read more

“We said working folks deserved a break , so within one month of me taking office, we signed into law the biggest middle-class tax cut in history, putting more money into your pockets.” — President Obama, Sept. 5, 2011 The president’s Labor Day speech in Detroit featured an assertion that contained a number of warning signs that it might be an errant fact: “biggest middle-class… Read more

Washington, DC - Chairman Dave Camp (R-MI) released the following statement in response to the announcement that he has been selected by Speaker Boehner to serve on the Joint Select Committee on Deficit Reduction: "I thank the Speaker for his confidence and trust in selecting me to serve as a member of the Joint Committee.  Earlier this month, the House and Senate passed, and the… Read more

***POSTPONED*** Congressman Pat Tiberi (R-OH), Chairman of the Subcommittee on Select Revenue Measures, and Congressman Charles Boustany (R-LA), Chairman of the Subcommittee on Oversight, both of the Committee on Ways and Means, today announced that the two Subcommittees will hold a joint hearing on the intersection of energy policy and tax policy, with a focus on the dual priorities… Read more

This morning, a Washington Post article suggested that Democrats ought to use the upcoming Joint Select Committee on Deficit Reduction as a way to raise taxes.  It’s an interesting approach to write about, but Americans - and even a few Democrats - have rejected raising taxes as a way to reduce our debt and deficits.       … Read more