WASHINGTON — This afternoon on CNBC’s Closing Bell, House Ways and Means Chairman Paul Ryan (R-WI) discussed the Bipartisan Congressional Trade Priorities and Accountability Act of 2015. During the interview, Ryan reiterated the importance of reaching a trade agreement with 12 Pacific nations and explained why the United States… Read more

Trade Agreements Are Good For American Workers, Job Creators, and Our National Security One in five American jobs is tied to trade. That’s 38 million jobs in total. And jobs that are tied to trade pay, on average, 18 percent more. If we want to grow our economy, we need to sell more American-made goods and… Read more

What is TPA? Trade Promotion Authority—or TPA—is a partnership between Congress and the administration that helps secure the most effective trade agreements possible. It has three main components: a list of congressionally-prescribed negotiating objectives that sets priorities for the administration to follow; robust consultation and transparency requirements that give Congress… Read more

Today, the House will vote on a bipartisan bill to permanently repeal the death tax. In recent weeks, the Ways and Means Committee has heard from a wide range of people—from family farmers and ranchers to small- and minority-business owners—on why we need to get rid of this unnecessary and unfair tax.  All of these stories reaffirm what Rep. Kevin Brady said when he… Read more

WASHINGTON — Today, the House passed H.R. 622, the State and Local Sales Tax Deduction Fairness Act. Upon passage, House Ways and Means Committee Chairman Paul Ryan (R-WI) issued the following statement: "Making this deduction permanent will level the playing field for taxpayers in different states and give them the certainty they deserve. Doing your taxes is already stressful, and we… Read more

WASHINGTON — This morning, the House voted to permanently repeal the unnecessary and unfair death tax. This bill, authored by Congressman Kevin Brady (R-TX), will repeal the estate tax and the generation-skipping transfer (GST) tax for all future transfers. After the bipartisan vote, House Ways and Means Committee Chairman Paul Ryan (R-WI) issued the following statement: "The death tax… Read more

The Bipartisan Congressional Trade Priorities and Accountability Act (TPA) will help deliver the strongest possible trade agreements that will boost American exports and benefit American workers, manufacturers, farmers, ranchers, and job creators. Ninety-six percent of the world’s customers are outside the United States. If we want to create more opportunity and more high-paying… Read more

Trade Promotion Authority—or TPA—is a partnership between Congress and the administration that ensures the United States secures the most effective trade agreements possible. TPA also brings greater transparency to the negotiating process by empowering Congress to conduct vigorous oversight and hold the administration accountable. Transparency TPA guarantees Congress a… Read more

Opponents of expanding American exports are going to great lengths to attack trade promotion authority (TPA) as well as a trade agreement currently being negotiated with our Asia–Pacific partners and allies, called the Trans-Pacific Partnership (TPP). The latest is to tie these trade measures to the president’s immigration agenda—and it has no basis in fact. For starters, temporary… Read more

WASHINGTON — House Ways and Means Committee Chairman Paul Ryan (R-WI) released the following statement marking Tax Day, the deadline for Americans filing their income taxes. "Today is more than a deadline; it’s a call to action.  "There's no getting around the fact that our tax code is a mess. It sends jobs overseas, it discourages productivity, and it punishes hard… Read more