Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) issued the following statement in response to the announced retirement of fellow Committee member Rep. Geoff Davis (R-KY) at the end of the 112th Congress.   “Geoff is a personal friend, a trusted colleague and a distinguished veteran of America’s military.  Geoff is a true citizen – having given back… Read more

Today’s Fiscal Times features a round-up of a bipartisan group of economic, political and public policy experts who issued their 2012 report card on President Obama’s handling of the economy, giving the President an average grade of C-minus.  The survey echoes the sentiment of the American people, almost 70 percent of whom saying they disapprove of the President’s handling of the… Read more

Washington, DC - Ways and Means Committee Chairman Dave Camp (R-MI), Ranking Member Sandy Levin (D-MI), Trade Subcommittee Chairman Kevin Brady (R-TX), and Trade Subcommittee Ranking Member Jim McDermott (D-WA) issued the following joint statement: “We are extremely concerned by China’s announcement today that it will impose new duties on U.S. auto exports.  China’s actions are… Read more

The House today will vote on H.R. 3630, The Middle Class Tax Relief & Job Creation Act.  The legislation extends a number of provisions scheduled to expire at the end of the year and includes fully paid-for extensions of the payroll tax holiday and a reformed unemployment insurance program, along with a two-year freeze on cuts to doctors providing care to our nation’s seniors and… Read more

Today, a variety of associations and employer groups sent a letter in support of the reforms to the unemployment insurance program (UI) contained in H.R. 3630, The Middle Class Tax Relief and Job Creation Act.   Specifically, the letter notes that the reforms will "reduce the duration of unemployment, assist individuals in returning to work and assure program integrity," and… Read more

There are four important facts everyone should know about The Middle Class Tax Relief & Job Creation Act: It will strengthen our economy and help get Americans back to work by lowering that tax burden for middle class families and job providers alike. It prevents massive cuts to doctors working in the Medicare program to protect America’s seniors and those with… Read more

Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) sponsor of H.R. 3630, The Middle Class Tax Relief & Job Creation Act, released the following statement upon the bill’s passage: “Today’s vote is a vote to help families, employers and the unemployed – all of whom are continuing to struggle in this economy.   In addition to providing a one-year payroll tax… Read more

It’s important to add a little perspective to what the hospital industry is calling “major reductions” to hospitals in H.R. 3630.  Here are the facts: According to Medicare’s actuaries, the Medicare program is expected to spend $2.6 trillion on hospital services over the next decade. H.R. 3630 would reduce Medicare hospital spending by $14 billion over the next 10… Read more

Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) introduced H.R. 3630, The Middle Class Tax Relief & Job Creation Act.  The legislation extends a number of provisions scheduled to expire at the end of the year and includes fully paid-for extensions of the payroll tax holiday and a reformed unemployment insurance program, along with a two-year freeze on cuts to… Read more

Democrats are proposing to pay for a one-year extension of the payroll tax cut by increasing the top tax rate by 1.9 percent.  This means that as soon as 13 months from now the top federal rate could reach nearly 46 percent.  No matter how much money someone makes, the government should not be able to take nearly half of what they earn – especially not on top of all the other… Read more