Congressman Charles W. Boustany, Jr., MD, (R-LA), Chairman of the Subcommittee on Oversight of the Committee on Ways and Means, today announced the Subcommittee will hold a hearing on the new IRS paid tax return preparer program. The hearing will take place on Thursday, July 28, 2011, in Room 1100 of the Longworth House Office Building, beginning at 9:30 A.M. In view of the limited time… Read more

HEARING ON THE IMPLEMENTATION  OF THE IRS PAID TAX RETURN  PREPARER PROGRAM  HEARING BEFORE THE SUBCOMMITTEE ON OVERSIGHT OF THE COMMITTEE ON… Read more

Ways and Means Committee Chairman Dave Camp (R-MI) made the following statement in response to the announcement that Moody’s Investors Services “has placed the Aaa bond rating of the government of the United States on review for possible downgrade given the rising possibility that the statutory debt limit will not be raised on a timely basis, leading to a default on U.S. Treasury… Read more

Washington, DC -  In response to a directive issued this afternoon by the IRS regarding the gift tax treatment of donations to 501(c)(4) organizations, Ways and Means Chairman Dave Camp (R-MI) issued the following statement: “I am pleased that following my and other inquiries questioning the motives behind these investigations, the IRS has decided to immediately suspend all… Read more

AARP is out with a new TV ad attacking Congressional Democrats and Republicans for considering policies that would extend the solvency of the Medicare program and reduce our nation’s staggering debt.  In the ad AARP absurdly suggests the nation’s trillion dollar deficit and nearly $15 trillion debt can be solved by miniscule cuts to earmarks.  This is hard to reconcile with… Read more

House Ways and Means Oversight Subcommittee Chairman Charles Boustany, Jr, MD (R-LA) and Social Security Subcommittee Chairman Sam Johnson (R-TX) today announced that the Subcommittees on Oversight and Social Security will hold a hearing on the accuracy of payments made by the Social Security Administration (SSA).  The hearing will take place on Tuesday, June 14, 2010, in 1100… Read more

The American people have just been told by the Trustees for Social Security and Medicare that these programs are headed towards insolvency. So when they hear Social Security is owed billions due to wrongful payments, Americans want, need, and deserve answers. In FY 2009, overpayments totaled $6.5 billion for the retirement, disability, and Supplemental Security Income or SSI program,… Read more

Good afternoon.  I am pleased to welcome everyone to this afternoon’s joint hearing on payment accuracy in programs administered by the Social Security Administration.  As with past Subcommittee on Oversight hearings on Medicare fraud and refundable tax credits, today’s hearing is aimed at better understanding improper payments in Social Security programs and how taxpayer… Read more

SOCIAL SECURITY'S PAYMENT ACCURACY JOINT HEARING BEFORE THE SUBCOMMITTEE ON OVERSIGHT AND … Read more

Congressman Charles W. Boustany, Jr., MD, (R-LA), Chairman of the Subcommittee on Oversight of the Committee on Ways and Means, today announced that the Subcommittee will hold a hearing on improper tax payments in the administration of refundable tax credits.  The hearing will take place on Wednesday, May 25, 2011, in Room 1100 of the Longworth House Office Building, beginning at… Read more