Congressman Dave Camp (R-MI), Chairman of the House Committee on Ways and Means, and Senator Max Baucus (D-MT), Chairman of the Senate Committee on Finance, today announced that the Committees will hold a joint hearing to review the tax treatment of capital gains in the context of comprehensive tax reform.  The joint hearing will take place on Thursday, September 20, 2012, in Room… Read more

Good morning and welcome to our hearing on the direct deposit of Social Security benefits. Back in 1996, Congress passed the Debt Collection Improvement Act, which required electronic payment of federal benefits, including Social Security benefits.   Not only does the direct deposit of benefits help seniors avoid delayed, lost, or stolen checks, it saves taxpayers… Read more

Let me first say that our thoughts are with Health Subcommittee Chairman Wally Herger as he continues to recover in California from hip replacement surgery and a recent case of the flu.  I know I speak for all of us when I say that we wish him well and hope for a speedy recovery. We are here today to discuss implementation of the ObamaCare health insurance exchanges and related… Read more

Last week, former Senator Bob Kerrey said that one of the pillars of ObamaCare “will accelerate an already breaking-down employer-based system.”  He was talking about the employer mandate, a requirement that forces employers with 50 or more full-time equivalent employees to offer government-prescribed health insurance or pay a new tax.   Mr. Kerrey shares… Read more

Good morning and welcome to today’s hearing on the Internal Revenue Service’s implementation and administration of the President’s health care law. Before we begin this morning, it is appropriate to recall that eleven years ago, almost to the hour, our nation was savagely attacked.  After these 11 years, each of can recall exactly what we were doing at that time.  The… Read more

According to former Internal Revenue Service (IRS) Commissioner Fred Goldberg, and supported by the Obama Administration's own figures, ObamaCare "...in its current form will be a needless administrative and compliance quagmire for millions of Americans." Based on IRS estimates approved by the Office of Information and Regulatory Affairs at the… Read more

Today’s release of the Kaiser Family Foundation’s annual employer health benefits study confirms that President Obama’s most often mentioned health care promises continue to go unfulfilled.  More than two years after passage, health care premiums continue to increase and more than half of all workers have already lost the plan they had and liked.   Losing the… Read more

Ways and Means Committee Chairman Dave Camp (R-MI), Education and the Workforce Committee Chairman John Kline (R-MN), and Republican Study Committee Chairman Jim Jordan (R-OH) today introduced H.J.Res. 118, a resolution disapproving of President Obama’s effort to roll back the work requirements critical to the success of the bipartisan welfare reform law enacted in 1996.… Read more

Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) released the following statement in reaction to the August jobs report from the U.S. Department of Labor.  A net total of only 96,000 jobs were created, the unemployment rate remained above 8 percent for the 43rd consecutive month, and nearly 370,000 more Americans simply gave up even looking for work.  At… Read more

Despite its expected bankruptcy in 2024, top Democrats continue to make false claims that the Medicare program seniors and those with disabilities rely on is doing fine and that inaction is the best course.  Additional claims that the “savings” and taxes contained in ObamaCare will only strengthen Medicare are completely misleading and ignore the fact that rather than use… Read more