Despite a fractious political environment, efforts in Congress to streamline and update the country’s labyrinthine tax system are quietly picking up steam, adding a twist to the ongoing debate over federal fiscal policy.
Michigan Rep. Dave Camp, the Republican chairman of the House Ways and Means Committee, last week released his second “discussion draft” related to a comprehensive…
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Washington, DC– Despite having no authority to do so under ObamaCare, the Internal Revenue Service (IRS) issued a final rule in May 2012 to extend eligibility for health insurance subsidies to people enrolled in exchanges established and run by the federal government.
Ways and Means Committee Chairman Dave Camp (R-MI) and House Oversight and Government Reform Committee Chairman Darrell…
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Washington, DC - Today, Ways and Means Chairman Dave Camp (R-MI) and Health Subcommittee Chairman Kevin Brady (R-TX) wrote Health and Human Services (HHS) Secretary Sebelius regarding serious concerns over inaccurate HHS health care data. The data was being provided by CMS to the independent Government Accountability Office (GAO) and seniors looking for information on their Medicare…
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Tameria Greene of Detroit should have celebrated her ninth birthday on January 2. Instead, her family was preparing for her funeral after she was fatally stabbed on December 30. Although the death of any child is tragic, Tameria's is especially heartbreaking. On her birthday, authorities charged her mother -- the very person who should have cared for her most -- with…
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Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) released a financial products discussion draft as part of the Committee’s broader effort on comprehensive tax reform that significantly lowers rates. The proposal seeks to modernize tax rules to minimize Wall Street’s ability to hide and disguise potentially significant risks through the abuse of…
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Tomorrow the House will vote on a short-term debt limit extension tied to a requirement that the House and Senate each pass a budget resolution. Donald Marron has written an excellent and succinct substantive analysis of the bill.
The House bill fits well with the strategy I advocated last week on this blog and in a Wall Street Journal op-ed. I hope the House passes it…
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I rise today in strong support of H.R. 325, the “No Budget, No Pay Act of 2013.”
This legislation directs members of the House and Senate to adopt a budget resolution by April 15, 2013. If either body does not, members of that body will have their pay withheld until they pass a budget. It’s simple: no budget, no pay. The American people understand that they…
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Good afternoon. Thank you for joining us today for the first full committee hearing of the 113th Congress.
The topic of today’s hearing is the debt limit, which has increased higher and faster under President Obama than any President in our nation’s history. Since the President first took office in 2009, there have been four increases in the statutory debt…
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Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) introduced the #NoBudgetNoPay bill, H.R. 325, which provides for the following:
1) Allows the United States Treasury to issue new debt through May 18, 2013, in order to ensure complete and timely payment of obligations due; and,
2) Withholds pay from Members of Congress starting on April 15, 2013, until…
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While President Obama prepares for his second inauguration next week, many Americans are hoping that the next four years aren’t filled with the same failed economic policies and broken promises as the last four years. As the table below shows, from unemployment to housing to debt, the country is worse off than when the President first took office.
The…
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