Washington, DC - Congressman Kevin Brady (R-TX), Ranking Member of the House Committee on Ways and Means Subcommittee on Trade, today applauded the Administration for reaffirming its commitment to seek to resolve outstanding issues with Russia to pave the way for that country’s membership in the World Trade Organization and for negotiating the re-opening of the Russian market for U.S.… Read more

The enactment of ObamaCare comes with a price tag that Americans simply cannot afford — massive tax increases that will kill jobs and hurt American families, debt that threatens to crush future economic growth and burden our children with a bill they can’t pay, and a health care system in which Washington, not patients and doctors, is in charge of medical decisions. This government… Read more

Below are statements from Ways and Means Ranking Member Dave Camp (R-MI) and Trade Subcommittee Ranking Member Kevin Brady (R-TX) regarding H. Res. 1465, a resolution reaffirming the longstanding friendship and alliance between the United States and Colombia. The statements congratulated Colombia on its democratic election and noted that the United States should strengthen its alliance… Read more

For the fourth time in six months, Democrats’ inability to properly manage the Medicare program is causing doctors to confront a 21 percent cut in their Medicare reimbursement rates.  In fact, this cut went into effect on June 1st, forcing Medicare to pay claims for physician services with the 21 percent cut.  In practical terms, this means that for a standard office visit, physicians are… Read more

As the Washington Post today reported, the chairman of the Business Roundtable “accused the president and Democratic lawmakers Tuesday of creating an ‘increasingly hostile environment for investment and job creation.’” In a letter from the Business Roundtable and The Business Council to Office of Management and Budget Director Peter Orszag, these business leaders stated that policies… Read more

This week, the Business Roundtable (BRT) and The Business Council, representing American companies with more than 12 million employees and comprising nearly a third of the total value of the U.S. stock markets, issued a dire warning to the White House Office of Management and Budget Director Peter Orszag about the consequences of the Democrats’ health law.  According to these key… Read more

JUAN MANUEL SANTOS has demonstrated that pro-American, pro-free-market politicians still have life in Latin America. Mr. Santos, who romped to victory in Colombia's presidential runoff on Sunday, has no interest in courting Iran, unlike Brazil's Luiz Ignácio Lula da Silva. He has rejected the authoritarian socialism of Venezuela's Hugo Chávez. A former journalist with degrees from the… Read more

Washington, DC – Today, Democrat Majority Leader Steny Hoyer called for a “serious discussion” about raising taxes, even on the middle-class.  At the same time, Rep. Hoyer suggested Congress should continue to delay action on crafting a budget that reins in spending until the next fiscal year, at the earliest.  The following is reaction from Ways and Means Ranking Member Dave Camp… Read more

Today, the non-partisan Congressional Budget Office (CBO) echoed the concerns previously stated by the Obama Administration’s own Medicare actuaries that the high-risk pools created in the Democrats’ health care overhaul will be vastly underfunded and help very few Americans with pre-existing health conditions. Specifically, CBO stated the high-risk pool “subsidies would not be… Read more

Washington, DC – Today, Ways and Means Ranking Member Dave Camp (R-MI) issued the following statement in reaction to China's announcement that it would increase the flexibility of its exchange rate. "China’s recent announcement on its currency is a welcome first step, but China must translate this into action by allowing its currency to appreciate against the dollar to ultimately… Read more