Two surveys this week, one from the business research firm Sage North America and one from the National Federation of Independent Business (NFIB), offer yet more proof that the Obama Administration’s stimulus and the Senate Democrats’ refusal to pass 22 bipartisan House-passed jobs bills have resulted in an economic climate in which small businesses are unwilling to hire.  The Sage… Read more

Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) released the following statement in reaction to the October jobs report from the U.S. Department of Labor. A net total of 80,000 jobs were created and the unemployment rate for October was 9.0 percent. “Today’s disappointing job numbers are an indicator that our economy is still too weak and we’ve got a long way to go to… Read more

Following months of calling for higher taxes on American employers, which are already subject to some of the highest tax rates in the industrialized world, Democrats on the House Ways and Means Committee this week selectively used elements of a report from the Joint Committee on Taxation (JCT) in an attempt to suggest it would not be possible to reduce the corporate tax rate to 25… Read more

Following the release of an international tax reform discussion draft by Ways and Means Committee Chairman Dave Camp, the effort to make American companies more competitive in the global economy and help create U.S. jobs is picking up steam.  The Ways and Means draft would set the corporate rate at 25 percent, bringing it in line with the average of the OECD, and eliminate the double… Read more

President Obama this week said Americans are better off due to his policies: "I think that we are better off now than we would have been if I hadn't taken all the steps that we took." The facts, and the experience of 14 million unemployed Americans, tell a different story.  As the chart below displays, the President’s economic advisors projected that under his trillion-dollar 2009… Read more

Washington, DC - Today, Ways and Means Human Resources Subcommittee Chairman Geoff Davis (R-KY) and Ranking Member Lloyd Doggett (D-TX) introduced H.R. 3339, the Standard Data and Technology Advancement Act, or the “Standard DATA Act.”  This legislation establishes consistent requirements for the electronic content and format of data used in the administration of key human services… Read more

In the past few days, Democrats have repeatedly cited a recent report from the Congressional Budget Office (CBO) regarding trends in household income to support their never-ending quest for more deficit spending.  The crux of the Democrats’ argument is their belief that the rich are getting richer and the poor are getting poorer, which they claim supports their call for more taxes on… Read more

One of the key, and often repeated, selling points of the Democrats’ health law is that if you like the plan you have, then you can keep it.  If only that was true… American Enterprise Group recently announced that it would no longer offer non-group health insurance in more than 20 states.  As a result, 35,000 individuals and families will no longer be able to keep the… Read more

Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Orrin Hatch (R-Utah), with House Ways and Means Chairman Dave Camp (R-Mich.) and Ranking Member Sander Levin (D-Mich.) urged U.S. Trade Representative Ron Kirk to insist that Russia meet a high standard to promote U.S. jobs and ensure a level playing field for U.S. businesses and workers in the… Read more

Chairman Dave Camp unveiled an international tax reform discussion draft Wednesday as part of the Committee’s broader effort on comprehensive tax reform that would lower top tax rates for both individuals and employers to 25 percent.   The plan would also transition the United States from a worldwide system of taxation to a territorial system.  Many business groups, tax reform… Read more