With the unemployment rate stuck at nearly 10 percent, far too many Americans and small businesses are struggling to get by.  While the bill before us contains some limited benefits, it does little to help small businesses create the jobs so many Americans desperately need. The Motion to Recommit keeps the underlying bill intact and provides real help to Americans by repealing one of the… Read more

The promises made about health reform suffered two more hits this week as more and more troubling truths about the impact the Democrats’ recently enacted health care overhaul will have on the American people were revealed – health care costs are continuing to skyrocket and more than half of all Americans with employer-provided health insurance could lose their current health… Read more

Ways and Means Committee Ranking Member Dave Camp (R-MI) today wrote to Douglas H. Shulman, the Commissioner of the Internal Revenue Service (IRS), asking whether the IRS would engage in aggressive outreach to notify Americans affected by the health care law’s new tax on tanning services that takes effect on July 1st. Noting that the IRS recently sent over 4 million… Read more

Today’s hearing is on “responding to long-term unemployment.”  The real topic should be “why have current policies caused long-term unemployment.” Americans were promised the 2009 stimulus plan would create 3.7 million jobs.  Instead it was followed by another 2.7 million private sector job losses.  Vice President Biden recently admitted that at best we would fall 6 million jobs short of… Read more

  NOTE: The deficit numbers cited above are from the Congressional Budget Office estimates of March, May and June versions of the extenders bill. ### Read more

CHRISTINA ROMER, Chair of the Council of Economic Advisers:  “By mid-2010, fiscal stimulus will likely be contributing little to growth.” (October 22, 2009) LARRY SUMMERS, Director of the National Economic Council: “Given fiscal lag, the Recovery Act is still gaining force and having increasing impact.” (June 8, 2010) Source: “The Job Impact of the American Recovery and… Read more

Washington, DC – With understandably little fanfare and late on Friday night during a Congressional recess, the U.S. Treasury Department met its legal obligation to issue its “Annual Report on Public Debt.”  The document, which came out on the same day the Labor Department reported virtually no private sector jobs were created last month, contained more bad news for the American… Read more

The New York Times is reporting that beginning tomorrow, President Obama will embark on a “public relations offensive” hoping to convince a skeptical American electorate that the Democrats’ health care overhaul is good for them.  First up, “a nationally televised question-and-answer session” with seniors to highlight the one-time, $250 rebate check that relatively few seniors will receive… Read more

Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today released the statement below in reaction to the severely disappointing May jobs report.  The monthly data from the Bureau of Labor Statistics showed that 96 percent of the jobs created in the country last month were a result of Census Bureau hiring – jobs that are temporary and will be eliminated within weeks. “This is… Read more

Vice President Biden on June 2, 2010 predicted that jobs would grow by a total of 700,000 to 1.4 million during the remainder of 2010: “I think we'll create between 100,000 and 200,000 jobs on average all the way through this year.”  As the chart below shows, even his best case scenario would leave us 6 million jobs short of the Administration’s original predictions for stimulus job… Read more