Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today issued the following statement in reaction to the news that former Ways and Means Chairman Dan Rostenkowski (D-IL) passed away. “Dan Rostenkowski was larger than life, a strong chairman and a legislator who was able to work across party lines to produce significant results for the American people – most notably… Read more

Washington, DC – House Ways and Means Ranking Member Dave Camp (R-MI) and Senate Finance Ranking Member Chuck Grassley (R-IA) sent a letter to Treasury Secretary Timothy Geithner expressing concern that the Treasury Department might impose a tax policy change benefiting trial lawyers nationwide, bypassing Congress and the IRS’ own precedent in doing so.   The issue arose after Assistant… Read more

Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today announced the promotions of Jill Schmalz to Senior Professional Staff and Sarah Swinehart to Press Secretary. “I want to congratulate Jill and Sarah on their hard-earned promotions,” said Camp.  “They provide significant contributions to the Ways and Means Committee to the benefit of our members and the entire House… Read more

Thank you, Mr. Chairman. I agree it is important for the Ways and Means Committee to periodically review tax law related to particular industries to ensure it is consistent with other sections of the Code, advances in technology, and current industry practices.  I expect we will hear broad support today for some of the changes related to Regulated Investment Companies that have been… Read more

Mr. Speaker, this bill contains many positive features but also some negative ones and thus I reluctantly plan to oppose it. Like my friend on the other side of the aisle, I am pleased to see that it does include some tax relief, albeit limited, for small businesses, including provisions championed by both Republicans and Democrats. And I am also pleased that, unlike an earlier version… Read more

Washington, DC – With understandably little fanfare and late on Friday night during a Congressional recess, the U.S. Treasury Department met its legal obligation to issue its “Annual Report on Public Debt.”  The document, which came out on the same day the Labor Department reported virtually no private sector jobs were created last month, contained more bad news for the American… Read more

Since Democrats introduced their latest version of H.R. 4213, “The American Jobs and Closing Tax Loopholes Act,” business leaders and organizations that represent millions of American businesses and their employees have voiced their opposition to the job-killing, deficit extending bill. These employers say that the legislation is anti-job growth, will place American businesses at a… Read more

Washington, D.C- Ways and Means Ranking Member Dave Camp (R-MI) today issued the following statement upon the launch of AmericaSpeakingOut.com, which invites active participation from the American people on issues of job creation, health care, tax reform and fiscal accountability among others. America Speaking Out is an effort of House Republicans to engage the American people in an… Read more

Co-chairmen Bowles and Simpson, fellow members of the National Commission on Fiscal Responsibility and Reform… We’ve heard from a number of people this morning…the President, Federal Reserve Chairman Ben Bernanke, Director Orszag, former CBO directors, other members of the commission…and I know we will hear from more in the weeks and months ahead. The problem is obvious: we simply… Read more

Mr. Chairman, clean, renewable energy is something every member of this committee supports.  In fact, I wouldn’t be surprised if at one time or another every member of this committee has signed onto or voted for legislation to incentivize the production, purchase and use of alternative fuels.  It has been and remains an issue about our national security, our environment and our… Read more