(REMARKS AS PREPARED) Thank you for yielding, Mr. Chairman. It is hard to believe, but Dan Rostenkowski and Bill Archer were sitting in these chairs the last time Congress undertook comprehensive health care reform.  As we know, back then Congress and the Administration were not even close to agreeing on a path forward.  Well, more than the people sitting in these chairs have changed… Read more

Attached is a presentation detailing how President Obama’s budget raises energy taxes on every American, prodding Democrats to create a massive “Energy Stamps” program to “protect the poor.” However, in this spread-the-wealth scheme, the average middle class household is left paying at least $1,600 each year in higher energy taxes. Related Document: Energy Stamps Power Point ### Read more

(REMARKS AS PREPARED) Thank you, Chairman Neal.  I share many of the concerns you outlined in your statement and look forward to working together on responsible, common-sense steps that will make our efforts to crack-down on individuals who commit tax fraud more effective.  Thank you also to our witnesses.  I appreciate your willingness to join us today and… Read more

(Remarks as Prepared) THANK YOU Regina, thank you for the kind introduction, but more importantly thank you for all your work at USTR, and since, to translate America’s trade agenda into concrete economic results for our workers and companies. I commend Steve Lamar’s leadership of WITA this year as president, appreciate the work of James Wilkinson as executive director, and extend my… Read more

Q: Higher energy prices? Yes. Q: Any goods not rise in price? Unlikely. Q: Drag on economy that reduces income and payroll receipts by 25%? Yes. Washington D.C. – The Ways & Means Committee held a hearing today on addressing price volatility in climate change legislation.  Ranking Member Dave Camp (R-MI) and Congressional Budget Office (CBO) Director Dr. Douglas Elmendorf engaged… Read more

Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) issued the following statement during today’s committee hearing addressing price volatility in climate change legislation.  The graph below shows the state-by-state analysis of annual increases in electricity costs that would occur under a 100% auction, as President Obama has called for, to meet his target carbon emission… Read more

(REMARKS AS PREPARED) Thank you for yielding, Mr. Chairman. The issue of price volatility in climate change legislation is a critical issue for this committee to consider, and I am pleased that the Full Committee and our relevant Subcommittees are taking the appropriate time to study the complex issues of cap-and-tax. Many of our witnesses today will get into great detail about the… Read more

Americans want Congress to pass meaningful legislation to reduce health costs, improve access to needed care, expand coverage and shore up the unstable Medicare program. Controlling rising costs remains the top priority on the health reform agenda. Rising health costs make health insurance coverage unaffordable for millions of Americans. Others face massive increases… Read more

Economic recovery is the one issue that should bring Democrats and Republicans together. Nationwide the unemployment rate is over 8 percent. My home state of Nevada has over 10 percent unemployment and leads the country in home foreclosures. Yet, as American families struggle, the administration and the majority party are pursuing fiscal policies that penalize working Americans and… Read more

  By: Peter Roskam In these uncertain economic times, many Americans are asking important questions about the nation's finances. Why were taxpayers asked to finance a $700 billion bailout of Wall Street - with up to $750 billion more on the way, according to the president? Is it appropriate for the government to own portions of our biggest banks? And what happens if all this… Read more