WASHINGTON, DC -- Ways & Means Ranking Member Dave Camp (R-MI) stated today that the nation’s miserable job report should serve as an extreme warning to Members of Congress to get the stimulus package refocused on immediate job creation instead of spending billions on pet projects.   “The massive amounts of government and deficit spending in the stimulus package moving through… Read more

Ways & Means Ranking Member Dave Camp (R-MI) made the following statement on this morning’s GDP data: Washington D.C. - “This morning’s data simply reaffirm what Americans already know – our economy is hurting.  Congress can and should act to help American families and our economy through these difficult times.  Republicans have offered a plan that, based on analysis by the… Read more

Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) highlighted the House Republican Economic Recovery Plan today:   Immediate Tax Relief for Working Families: Rather than a refundable credit based on payroll taxes, House Republicans propose reducing the lowest individual tax rates from 15% to 10% and from 10% to 5%. As a result every taxpaying-family in America will see an… Read more

Immediate Tax Relief and Assistance for Working Families: • Rate Reductions and AMT Relief:  Lowers, for 2009 and 2010, the bottom two income tax brackets from 10% to 5% and from 15% to 10%, respectively.  This will reduce the income taxes of every American who pays income taxes and will provide a maximum family benefit of almost $3,400 each year.  The substitute also ensures that no… Read more

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Outside of the White House today, Speak Pelosi claimed that Republican voices have been heard in the  discussion of the House Democrat's trillion-dollar spending bill. Majority Leader Hoyer went as far as to say, “This week, the Appropriations, Ways and Means, and Energy and Commerce Committees held markups on the American Recovery and Reinvestment Act to include important feedback… Read more

OPENING STATEMENT OF RANKING MEMBER DAVE CAMP MARKUP OF H.R. 598 – ECONOMIC STIMULUS BILL JANUARY 22, 2009 (REMARKS AS PREPARED) Mr. Chairman, Families all across this nation are rightly worried about what tomorrow will bring.  Our economy is in a recession; the credit markets remain seized up; and additional job losses are predicted for the near future and for some time to come if… Read more

Ways & Means Ranking Member Dave Camp (R-MI) issued the following statement today after the subcommittee assignments were announced for the 111th Congress: "I congratulate the new additions to each of the subcommittees, " said Camp.  "The 111th Congress will take on a long to-do list of issues facing our country and the Ways and Means Subcommittees will play a central role in… Read more

The current debate has been marked by calls to “improve” the distribution of incomes in the U.S. by “spreading the wealth.”  Policies proposed to do so include: (1) raising taxes on “the rich,” and (2) increasing benefits (including “tax relief for non-taxpayers”) for lower-income households.  Often lost is a detailed understanding of who is at the top and the bottom of the… Read more