Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) and Trade Subcommittee Chairman Kevin Brady (R-TX) released the following statements in response to the U.S. action, together with the European Union and Japan, to request consultations at the World Trade Organization (WTO) regarding China’s rare earth export restraint. Chairman Camp: "I strongly support the… Read more

When the Democrats' health care bill was signed into law, the nonpartisan Congressional Budget Office (CBO) estimated that it would increase spending on Medicaid and taxpayer-funded health insurance subsidies by $938 billion between 2010 and 2019.  However, as Republicans repeatedly pointed out, this actually hid the true costs of the health care law, because the Medicaid expansion… Read more

Today, the nonpartisan Joint Committee on Taxation (JCT) and Congressional Budget Office (CBO) released an updated analysis of the President’s health care law.  Below are five facts every American should know about this report: Spending jumps to $1.8 trillion – With America already borrowing 40 cents out of every dollar it spends, this massive increase in federal spending is… Read more

Washington, DC - Today, Ways and Means Chairman Dave Camp (R-MI) released the following statement in reaction to the February jobs report from the U.S. Department of Labor.  A net total of 227,000 jobs were created and the unemployment rate for February was unchanged at 8.3 percent.   "While there is some good news in this report, it is hard to celebrate while so many… Read more

Good morning.  We meet today to consider H.R. 452, “The Medicare Decisions Accountability Act.”  This legislation repeals the Independent Payment Advisory Board, which was a program included in the Democrats’ health care law.   The most unifying feature of the IPAB is the strong bipartisan support for its repeal. Speaking in support of its repeal, Congressman Frank… Read more

Washington, DC -  Today, Ways and Means Chairman Dave Camp (R-MI) and Health Subcommittee Chairman Wally Herger (R-CA) released the following statement after the Committee favorably approved H.R. 452, “Medicare Decisions Accountability Act,” legislation to repeal the Independent Payment Advisory Board (IPAB): “There is strong bipartisan support for the repeal of IPAB, and more… Read more

Congressman Dave Camp (R-MI), Chairman of the Committee on Ways and Means, today announced that the Committee will hold the second of two hearings on how accounting rules cause different types of businesses – specifically, publicly-traded and closely-held businesses – to evaluate tax policy choices differently.  Whereas the previous hearing focused on financial accounting rules and… Read more

Good morning.  Before we begin, I want to say that I was saddened to learn that a former staff member of the Joint Committee on Taxation, Cyndi Lafuente, passed away earlier this week.  I know she was a valued colleague and friend to many people in this room.  I want to express my deepest condolences to her family and friends for their loss.  Cyndi will be… Read more

Washington, DC - Today, Ways and Means Subcommittee on Oversight Chairman Charles Boustany, Jr., M.D. (R-LA) sent a letter to Health and Human Services (HHS) Secretary Sebelius, Department of Justice (DOJ) Attorney General Eric Holder, and Centers for Medicare & Medicaid Services (CMS) Acting Administrator Marilyn Tavenner regarding Medicare fraud.  The Government Accountability… Read more

We are meeting today to hear from those who will be directly and adversely impacted by the so-called “Independent Payment Advisory Board” or “IPAB.”  In an era where the two political parties are best known for their deep divisions, this is one area where there appears to be bipartisan concern. IPAB was created in the Democrats’ health care overhaul, and is designed to “reduce the… Read more