Today, in a letter to President Obama and congressional leadership, twenty-five governors highlighted their bipartisan support for the South Korean, Colombian and Panamanian trade agreements, each of which has the potential to create thousands of jobs in states and local communities across the country. Read a copy of the letter here.
Governors of the following states and…
Read more
Congressman Dave Camp (R-MI), Chairman of the Committee on Ways and Means, today announced that the Committee will hold a hearing on how other countries have reformed their international tax rules to enable companies headquartered in those nations to compete more effectively in the global marketplace. As part of the Committee’s ongoing consideration of how best to reform the tax…
Read more
The Obama Administration once again admitted the Democrats' health care law is unworkable, announcing that it has granted more than 1,300 waivers from various portions of the law. Health plans insuring over 3 million Americans have already been granted special exemptions, even though the most onerous provisions of the law do not begin until 2014. Ironically, the Health and…
Read more
Washington, DC – Ways and Means Chairman Dave Camp (R-MI) released the following statement in reaction to the U.S. government today reaching the $14.3 trillion debt ceiling.
"It comes as no surprise that Washington's spending spree has resulted in us once again reaching the statutory debt limit. The American people have no interest in simply increasing the limit absent serious…
Read more
Washington, DC – Ways and Means Chairman Dave Camp (R-MI), Health Subcommittee Chairman Wally Herger (R-CA) and Social Security Subcommittee Chairman Sam Johnson (R-TX) made the following statement after the release of the Social Security and Medicare Trustees Report.
"Today's report makes it clearer than ever that doing nothing is not an option. The failure to act means…
Read more
Good morning, and thank you for joining us today for the latest in the series of hearings the Ways and Means Committee has convened to discuss comprehensive tax reform. Today, we will examine the impact of the tax code on American companies that operate in the global economy – both here and abroad.
In a future hearing, I expect we will examine the opposite side of the…
Read more
Organizations representing 95 percent of America’s businesses – including the U.S. Chamber of Commerce and the National Federation of Independent Business – sent a letter to the House Ways and Means and Senate Finance Committees opposing a corporate-only approach to tax reform. The letter calls on Congress to act on comprehensive tax reform.
In the letter the organizations state:…
Read more
We are meeting today to hear from four individuals who have experience to share that will inform us as we consider how to reform Medicare payments to physicians. This is a priority for the Subcommittee as Medicare physician payment rates will be cut by nearly 30% on January 1st unless Congress acts.
The flaws of Medicare’s Sustainable Growth Rate are well-known to members…
Read more
HEARING ON THE NEED FOR COMPREHENSIVE TAX
REFORM TO HELP AMERICAN COMPANIES COMPETE
IN THE GLOBAL MARKET AND CREATE JOBS FOR AMERICAN WORKERS
HEARING
…
Read more
The Committee will come to order. We meet today to consider H.R. 1745.
Last Friday, we received the April unemployment numbers. While there was some good news about the number of jobs being created, the fact is the nation’s unemployment rate ticked back up to nine percent. In my home state of Michigan, we are perilously close to three straight years of unemployment rates in…
Read more