Ways & Means Trade Subcommittee Ranking Member Kevin Brady (R-TX) issued the following statement today, urging the President to review the economy-wide effects of the increased tariffs on tire imports from China.  The law allows the President to request a report from the U.S. International Trade Commission to gauge whether or not the tariffs have proven effective after they have been… Read more

While the President recently claimed his February 2009 stimulus bill will "save or create 1.5 million jobs in 2010 after saving or creating as many as 2 million jobs thus far,” the table below compares the White House's original projections of state-by-state job creation with the actual change in state payroll employment through February 2010, using the latest data from the U.S.… Read more

Opening Statement Charles Boustany (R-LA) Ranking Member, Subcommittee on Oversight Hearing on IRS Operations and the 2010 Tax Return Filing Season  (Remarks as Prepared) Mr. Chairman, thank you for yielding time.  Commissioner Shulman, thank you once again for appearing before the Subcommittee.  More generally, I want to thank you and every IRS employee who works for you for… Read more

With the president’s signature still wet on the Senate health care overhaul, people rightly ask, “what will it mean for me?” For many, the answer will likely be found in your paycheck and in the doctor’s waiting room. As a heart surgeon, I saw a wide range of new health care mandates from Washington, all of which affected care in some way. However, all of those disruptions pale in… Read more

With the ink not even dry on the Democrats’ health care overhaul, American manufacturers are already warning about how much it will cost them. Both Deere and Caterpillar are reporting that the bill will result in their reported earnings declining by $150 million and $100 million respectively.  A spokesman for Caterpillar noted the bill’s tax “could cause us to consider changes to the… Read more

A quick glance at a timeline of the Democrats’ health care bill shows that the most harmful provisions take effect first. Already today we have seen how the Democrats’ health care bill has negatively affected American companies such as John Deere, Caterpillar, Verizon, and Medtronic who have cited the legislation as the source for increasing costs, jeopardizing both jobs and health… Read more

Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) tonight issued the following statement upon House passage of a second health care reconciliation bill. “The Democrats health care bill is so flawed that it hasn’t been law for three days and yet this is the third time we have voted to ‘fix’ it.  These minor tweaks do nothing to change the fact that this bill spends over $1… Read more

Madame Speaker, It is tough to see this bill as either a small business bill or a jobs bill.  Specifically, I have three main concerns:  It raises taxes on employers during a recession – making it tougher for Americans to find needed work.  Roughly 80 percent of the so-called tax relief in the bill is dedicated to state and local governments. Small governments are not… Read more

Madame Speaker, The Republican Motion to Recommit is straightforward.  It:  Strikes troubling tax increases; Maintains the tax relief for small businesses;  Repeals unpopular provisions of the health care bill that force middle class families to pay more in taxes and more for their health care; and Is fully paid-for in compliance with the “pay go” rules. … Read more

Washington, DC – Democrats today offered a “jobs” bill in which 80 percent of the so-called tax relief went to state and local governments, while raising over $19 billion in new taxes.  Today, Ways and Means Ranking Member Dave Camp (R-MI) offered an alternative on the House floor, that retained the underlying bill’s limited small business tax relief, while repealing billions of dollars… Read more