Today, the National Association of Manufacturers, Chamber of Commerce, R&D Credit Coalition, and Biotechnology Industry Organization – representing thousands of small and large U.S. businesses – issued their support for H.R. 4438, a bipartisan, permanent extension of the research and development (R&D) tax credit.  In their call for a permanent R&D credit, these groups… Read more

Nancy Pelosi famously claimed that unemployment benefits are “one of the biggest stimuluses to our economy” that “creates jobs faster than almost any other initiative you can name.”  Continuing to suggest as much, some have decried the end of the Emergency Unemployment Compensation (EUC) program in December.  But, as the table below displays, the early evidence… Read more

Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) released the following statement in reaction to the news that Alan Mulally, president and CEO of Ford Motor Company, will be retiring from the company July 1, 2014.   “The reinvention and turnaround of Ford Motor Company is due in large part to the leadership and dedication of Alan Mulally.  His tenure… Read more

Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) issued the following statement in reaction to the news that the economy grew 0.1 percent in the first quarter of 2014. “Today’s news should be a wakeup call for the leaders in Washington – the status quo isn’t working.  With economic growth almost at a standstill, it is no surprise that only 27 percent of… Read more

Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) released the following statement after the Committee approved bipartisan legislation to prevent and address sex trafficking of youth in foster care, and six permanent extensions of tax policies for America’s job creators. “Short-term tax policy is bad for business and bad for economic growth and jobs.  The United… Read more

Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) released the following statement regarding Tax Day. “There is no better example of Washington’s inefficiency and ineffectiveness than our tax code.  Today, as Americans across the country finish filing their taxes, they come face to face with a tax code that is too complicated, takes too much time to comply… Read more

Good morning and welcome to the first Ways and Means Committee hearing on elements of the tax reform discussion draft I released in February.  The draft is focused on two primary goals: making the tax code simpler and fairer for families and employers, and strengthening the economy so there are more jobs and bigger paychecks for American families.   As we explore what tax… Read more

Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) made the following statement on the second anniversary of the U.S. having the highest corporate tax rate in the industrialized world. "Our current tax code is a joke.  Our high corporate tax rate is a wet blanket on the economy, preventing businesses from growing and hiring here in the U.S.  We can… Read more

Today, Ways and Means Committee Chairman Dave Camp (R-MI) issued the following statement: “Today, I am announcing that I will not seek re-election to the United States House of Representatives.  This decision was reached after much consideration and discussion with my family. “Serving in Congress is the great honor of my professional life.  I am deeply grateful to the… Read more

House Ways and Means Committee Chairman Dave Camp, R-Mich., has unveiled his Tax Reform Act of 2014, the most comprehensive tax reform proposal in nearly… Read more