Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) released the following statement after the Committee approved bipartisan legislation to prevent and address sex trafficking of youth in foster care, and six permanent extensions of tax policies for America’s job creators. “Short-term tax policy is bad for business and bad for economic growth and jobs.  The United… Read more

By Sarah E. Needleman and Angus Loten Many small businesses won a reprieve from having to provide health insurance under the Affordable Care Act… Read more

Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) released the following statement regarding Tax Day. “There is no better example of Washington’s inefficiency and ineffectiveness than our tax code.  Today, as Americans across the country finish filing their taxes, they come face to face with a tax code that is too complicated, takes too much time to comply… Read more

Washington, DC – Today, Ways and Means Oversight Subcommittee Chairman Charles Boustany Jr., M.D. (R-LA) and Social Security Subcommittee Chairman Sam Johnson (R-TX) wrote to Treasury Secretary Jack Lew and Acting Social Security Administration (SSA) Commissioner Carolyn Colvin regarding media reports that adults who may have once received Social Security benefits as children were having… Read more

Washington, DC – Today, House Ways and Means Committee Chairman Dave Camp (R-MI) announced that the Committee, acting under its authority granted in Sec. 6103 of the Internal Revenue Code, voted out a criminal referral letter to Department of Justice (DOJ) Attorney General Eric Holder regarding actions taken by IRS employee Lois Lerner.  Chairman Camp, in sending the letter on behalf… Read more

Good afternoon.  I want to welcome everyone to today’s hearing on the trade implications of U.S. energy policy and the export of liquefied natural gas.  Today’s hearing focuses on the enormous potential of the U.S. energy revolution of the past decade.  I’d like to make four points before we hear from our witnesses. First, the exploration of unconventional energy… Read more

While it operated, the Emergency Unemployment Compensation (EUC) program provided record amounts of financial assistance to over 24 million long-term unemployed individuals.  The EUC program provided record weeks of unemployment benefits per person (a total of up to 99 weeks of all unemployment benefits in many states, far eclipsing the norm of up to 52 weeks), a record duration… Read more

Today’s hearing will examine two very important and complex regulations implementing reporting requirements of the Affordable Care Act’s mandates on local businesses and workers.     These regulations are long overdue. Businesses have been forced to wait four years since the passage of the law for the Treasury Department to finalize these rules.   In the meantime the… Read more

Good morning and welcome to the first Ways and Means Committee hearing on elements of the tax reform discussion draft I released in February.  The draft is focused on two primary goals: making the tax code simpler and fairer for families and employers, and strengthening the economy so there are more jobs and bigger paychecks for American families.   As we explore what tax… Read more

  First, Democrats promised their trillion-dollar stimulus plan would create millions of jobs.  It didn’t. Democrat projection of job creation after 2009 stimulus: +3.675 million (through December 2010) Actual change in jobs after 2009 stimulus: -2.530 million (through December 2010, or 6.2 million fewer jobs than projected)  Next, Democrats promised… Read more