UPDATED: NOTE TIME CHANGE TO 3:45PM FOR SQUARE, INC. VISIT
Washington - Today, House Ways and Means Committee Chairman Dave Camp (R-MI) and Senate Finance Committee Chairman Max Baucus (D-MT) announced that on Monday, August 19 and Tuesday, August 20 they will visit two separate technology companies in San Francisco and the Silicon Valley area. The West Coast…
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Just three months ago, Lois G. Lerner, a senior official in the IRS’s tax-exempt organizations division, publicly admitted that the agency targeted taxpayers because of their political beliefs. Until that point, despite years of inquiries from Congress, the IRS had continued to deny that it was targeting taxpayers, even though officials had long known about the conduct. With the truth…
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A new tax study released today by the National Federation of Independent Business (NFIB) and the S Corporation Association reinforces the need for tax reform that makes the tax code simpler and fairer. The study, authored by Quantria Strategies, provides a detailed look at the effect that the tax system has on businesses – in particular those organized as pass-throughs that pay…
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Washington, D.C. – Today, the Ways and Means Committee released draft legislation to extend and improve the Adoption Incentives program. The draft was developed with the goal of producing bipartisan legislation based on testimony received at a Human Resources Subcommittee hearing earlier this year. A detailed summary of the draft legislation can also be found…
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Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) released the following statement after the Obama Administration issued guidance on the participation of Members of Congress and Congressional staff in the Federal health exchanges created under the President's health law.
“The proposed rule from the Obama Administration is the latest proof of what most…
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The headlines citing last week’s jobs report as the lowest unemployment rate in years may have been technically accurate, but they are also reminders that looks can be deceiving. The reality, as you dig into the latest jobs data, reveals that few are finding the full-time work they want and need, and many are forced to accept part-time employment. As the chart below depicts, seven…
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Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) released the following statement in reaction to the July jobs report from the U.S. Department of Labor. A net total of 162,000 jobs were created and the unemployment rate for July decreased to 7.4 percent.
"It is tough to find the bright spot in this report when the fact remains that the…
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(Remarks as Prepared)
I come to the floor today in support of H.R. 2009, legislation that will prevent the IRS from getting involved in Americans’ health care. The IRS is already out of control, abusing its power to tax and audit the activities of honest, hardworking Americans. The IRS has betrayed the trust of the American people. Yet, ObamaCare granted the IRS 47…
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Washington, D.C. – Committee on Ways and Means Subcommittee on Health Chairman Kevin Brady (R-TX) and Ranking Member Jim McDermott (D-WA) introduced, H.R. 2925, The Strengthening Medicare Anti-Fraud Measures Act of 2013. The legislation would grant the Department of Health and Human Services Office of the Inspector General (HHS-OIG) authority to exclude from the Medicare program…
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Washington, D.C. – Today, the Ways and Means Committee released draft legislation of the President’s proposals to strengthen Medicare. This follows several hearings in the Health Subcommittee on bipartisan proposals to secure the future of the program. The draft legislative text can be found at www.waysandmeans.house.gov/entitlementreform.
The latest legislative…
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