I come to the floor today in strong support of H.R. 674 to repeal the onerous, job-killing 3 percent withholding law. While this legislation has 269 cosponsors, I’d like to acknowledge the leaders on the bill – Ways and Means Health Subcommittee Chairman Wally Herger and our Democrat Ways and Means colleague Congressman Earl Blumenauer. In addition to these advocates, we also…
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I am pleased to come to the floor today and share my time with one of our committee’s newest members – Representative Diane Black. In taking the lead on this legislation, Ms. Black has identified an area of poor stewardship of taxpayer dollars and she has taken steps to save taxpayers $13 billion. I am happy to support her and this legislation.
H.R. 2576 modifies the income…
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Washington, DC - Today, the House passed H.R. 674 sponsored by Rep. Herger (R-CA) and Rep. Blumenauer (D-OR) to repeal the 3 percent withholding rule on certain payments made to vendors by government entities. The House also passed H.R. 2576 sponsored by Rep. Black (R-TN) to align the income definition for certain health programs to more closely reflect how it is measured in other federal…
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When Wal-Mart endorsed President Obama's health-care plan in 2009, CEO Mike Duke said it did so "to remove the burden that is crushing America's businesses and hampering our competitiveness in the global economy." That doesn't seem to be working out too well—for all Americans, and especially for Wal-Mart's employees.
Last week the largest private U.S. employer announced that it would…
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Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) unveiled an international tax reform discussion draft 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. In addition to rate cuts, the plan would transition the United States from a worldwide system of taxation…
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Obama Rhetoric
"We have lost our ambition, our imagination, and our willingness to do the things that built the Golden Gate Bridge."
- President Obama, at a fundraiser in San Francisco on October 25, 2011
Reality
“To explain why our structurally insufficient bridges may have to wait for replacement or repair, it's useful to begin with some realities that might have…
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House Ways and Means Committee Chairman Dave Camp (R-MI) today announced that the Committee on Ways and Means will hold a hearing on the U.S.-China economic relationship. The hearing will take place on Tuesday, October 25, 2011, in 1100 Longworth House Office Building, beginning at 10:00 A.M.
In view of the limited time available to hear the witnesses, oral testimony at this…
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China is both an opportunity and an obstacle when it comes to our economy and American jobs. While the Chinese market is a large and rapidly growing destination for U.S. exports, China willfully disregards its international obligations and impedes fair commerce.
Despite benefitting significantly from globalization and a more integrated global economy, China remains stubbornly…
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The United States has many frustrations with the U.S.-China economic relationship, but China remains among the most important U.S. export markets. Last year U.S. companies exported more than $90 billion worth of American goods to China. U.S. exports to China increased by 32 percent in 2010, whereas exports to the rest of the world increased by only half that rate. And…
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