A tax on medical devices and equipment tucked into the 2,400-page 2010 Patient Protection and Affordable Care Act illustrates the negative impact the legislation is already having on the U.S. economy. Quite simply, nothing is free.
Many Democrats were hiding in the weeds Friday as the unpopular health-care overhaul marked its second anniversary, though a few people touted the many…
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Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) issued the following statement after the House passed the House Republican Budget Resolution.
“The House Republican Budget Resolution is a clear demonstration that Republicans will reform Washington to strengthen our economy, create jobs and get our fiscal house in order. Congress owes it to the American people…
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Good morning. We meet today to consider H.R. 9, “The Small Business Tax Cut Act.” This legislation will allow a business with fewer than 500 employees to take a tax deduction equal to 20 percent of their active business income and applies to businesses and business owners who pay their taxes at the individual or corporate level.
Whenever I am talking with small business…
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Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) released the following statement after the Committee approved H.R. 9, the Small Business Tax Cut Act.
"I am pleased the Committee has reported out this bill and look forward to its consideration on the House floor. It is important that after more than three years of failed economic policy from the Obama…
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Washington, DC – Today, Committee on Ways and Means Human Resources Subcommittee Member Congressman Berg (R-ND), Ranking Member Doggett (D-TX), along with Chairman Davis (R-KY) and all of the Members of the Human Resources Subcommittee introduced the “International Child Support Recovery Improvement Act of 2012.” The legislation, which incorporates recommendations offered at a…
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Washington, DC - Ways and Means Chairman Dave Camp (R-MI) and Trade Subcommittee Chairman Kevin Brady (R-TX) issued the following statements today after the President notified Congress of his decision to suspend Argentina’s benefits under the Generalized System of Preferences (GSP). The Administration’s action is a result of Argentina’s refusal to pay a $300 million award ordered by…
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Not long ago, Rep. Steve Israel (D-NY), now Chair of the Democratic Congressional Campaign Committee, cast the deciding vote that would have enacted a new premium support program in Medicare. That premium support model, contained in the House-passed Medicare prescription drug benefit legislation, is similar to the one contained in the House Republican Budget, which Israel is now…
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Today marks the two-year anniversary of when President Obama signed the Democrats’ health care bill into law. Because the law was drafted in secret behind closed doors, it wasn’t entirely clear how the American people would fare under the new law. However, now that we’ve had two years to “find out what’s in it,” the picture isn’t pretty. As the list below shows, by…
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Washington, DC - An investigation requested by Ways and Means Committee Republicans and conducted by the Social Security Administration (SSA) Office of Inspector General (OIG) has found that agency employees intentionally delayed deciding thousands of disability claims in order to boost their own productivity results. The issue first surfaced in a Wall Street Journal report about a…
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This week, House Republicans released their budget resolution, which was approved by the Budget Committee yesterday. The budget resolution includes a proposal to implement comprehensive tax reform that:
Consolidates the current six individual income tax brackets into just two brackets of 10 and 25 percent;
Repeals the Alternative Minimum Tax, which currently threatens 31…
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