Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) announced that one year into the investigation of the IRS targeting and abusing conservative groups, the agency has agreed to turn over all Lois Lerner emails to the Committee. Lerner is a central figure in the investigation and served as Director of Exempt Organizations at the IRS.
“While it is good that we are finally…
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Our current tax code is broken, and it is hurting families and hurting our ability to create good-paying jobs in this country. Last week, we learned that the economy grew 0.1 percent in the first quarter of 2014. One-tenth of a percent growth is unacceptable. Hardworking families and small businesses are struggling in this economy, wages are flat and businesses aren’t…
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Good morning and welcome to the Subcommittee on Oversight’s hearing on the Internal Revenue Service’s operation and budget.
This filing season, million of taxpayers across America have struggled to meet their tax filing obligations. Doing so has become harder over time, as the tax code grows in complexity, forcing taxpayers to spend over 6 billion hours and $160 billion every single…
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Today, the National Association of Manufacturers, Chamber of Commerce, R&D Credit Coalition, and Biotechnology Industry Organization – representing thousands of small and large U.S. businesses – issued their support for H.R. 4438, a bipartisan, permanent extension of the research and development (R&D) tax credit. In their call for a permanent R&D credit, these groups…
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Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) issued the following statement on the April jobs report.
“The increase in jobs is certainly welcome news after the very troubling GDP numbers earlier this week. However, when we look at all the data, it is clear we need to be making much bigger gains both in terms of jobs and economic growth. That…
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"First, if you are among the hundreds of millions of Americans who already have health insurance through your job…. nothing in this plan will require you or your employer to change the coverage or the doctor you have. Let me repeat this: Nothing in our plan requires you to change what you have." (President Obama to a Joint Session of Congress, September 2009)
The…
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Nancy Pelosi famously claimed that unemployment benefits are “one of the biggest stimuluses to our economy” that “creates jobs faster than almost any other initiative you can name.” Continuing to suggest as much, some have decried the end of the Emergency Unemployment Compensation (EUC) program in December.
But, as the table below displays, the early evidence…
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Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) released the following statement in reaction to the news that Alan Mulally, president and CEO of Ford Motor Company, will be retiring from the company July 1, 2014.
“The reinvention and turnaround of Ford Motor Company is due in large part to the leadership and dedication of Alan Mulally. His tenure…
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Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) issued the following statement in reaction to the news that the economy grew 0.1 percent in the first quarter of 2014.
“Today’s news should be a wakeup call for the leaders in Washington – the status quo isn’t working. With economic growth almost at a standstill, it is no surprise that only 27 percent of…
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Every dollar lost to Medicare fraud is a dollar stolen from America’s elderly. And every dollar lost to improper payments – intentional or not – robs from the solvency of this important program.
Today’s hearing will examine the issue of Medicare fraud. This is a bipartisan concern shared by our seniors, the Medicare program and lawmakers on this…
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