Washington, DC - Ways and Means Chairman Dave Camp (R-MI) today delivered opening remarks at the Committee on Ways and Means Hearing with Treasury Secretary Timothy Geithner on the President’s 2012 Budget. Below are excerpts, followed by the full remarks.
Failure of the Budget
"...[I]t would result in record high deficits while pushing the federal tax burden to over 20 percent of our…
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Washington, DC - Ways and Means Committee Chairman Dave Camp (R-MI) today issued the following statement in reaction to the release of the Administration’s budget:
“It is time to say ‘enough is enough’ and put a stop to the government’s deficit spending spree. It is time for Washington to learn to live within its means. We need a serious plan to address our out of control spending…
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According to news accounts, the Obama Administration’s Fiscal Year 2012 Budget will propose several changes to the Federal/State Unemployment Insurance (UI) program. Chief among them will be increasing the taxable wage base from $7,000 to $15,000 in 2014. Ways and Means Committee Chairman Dave Camp (R-MI) and Human Resources Subcommittee Chairman Geoff Davis (R-KY) issued the following…
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In a Department of Justice (DOJ) legal brief in the case of the “State of Florida v. The Department of Health and Human Services,” the Obama Administration argues the individual mandate (requiring Americans to buy a government-approved insurance plan even if they can't afford it) is a constitutional exercise of Congress’s power to collect taxes.
But yesterday, when asked at a Ways…
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Washington, DC – Ways and Means Committee Chairman Dave Camp (R-MI) made the following statement on Tuesday evening in response to President Obama’s State of the Union address:
“Although the President hit some positive notes in his speech, I was disappointed he didn’t go further. While reaching out to Republicans on taxes, trade and health care, we needed more than a few token gestures…
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Washington, DC – Ways and Means Chairman Dave Camp (R-MI) today delivered opening remarks at the Committee on Ways and Means Hearing on Fundamental Tax Reform. Below are excerpts, followed by the full remarks.
The Tax Code
“Clearly, the tax code is too complex, too costly, and takes too much time to comply with. All this adds more burdens on families and employers – making it more…
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Washington, DC – Chairman Dave Camp (R-MI) today convened the Committee on Ways and Means for its first hearing of the 112th Congress on Fundamental Tax Reform. In response to the hearing, Camp said:
“The witnesses repeatedly hit on two important themes. First, the tax code is onerous and burdensome because it is too complex, too costly and requires too much time to be spent on…
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House Ways and Means Committee Chairman Dave Camp (R-MI) today announced that – pursuant to House Rule XI, clause 2(g)(3), and with the concurrence of the Ranking Minority Member – the Committee on Ways and Means will hold a hearing on the costs imposed on families, employers, and the economy at large by the current structure of the Federal income tax. The hearing will take place on…
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Washington, DC- Moving quickly to get the Ways and Means Committee up and running, Chairman Dave Camp (R-MI) today announced the Chairman and the Republican members of the subcommittees for the 112th Congress.
"I congratulate the new members on each of the subcommittees, " said Camp. "We have big challenges ahead of us to reinvigorate the economy and create jobs, pursue fundamental tax…
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