Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI), Agriculture Ranking Member Frank Lucas (R-OK) and Ways and Means Trade Subcommittee Ranking Member Kevin Brady (R-TX) today released the following statements on the third anniversary of the bipartisan May 10 agreement as well as a report showing the harm suffered by American agriculture due to a failure to move forward on… Read more

The House of Representatives today passed bipartisan legislation to help speed Haiti’s economic recovery following the devastating January earthquake that shattered the country’s economy.  H.R. 5160, The Haiti Economic Lift Program (HELP) Act expands duty-free access to the U.S. market for additional Haitian textile and apparel exports and extends existing trade preference programs for… Read more

Washington, DC - Ways & Means Ranking Member Dave Camp (R-MI) made the following statement on this morning’s GDP data: “Economic growth is good, but it is not a paycheck and it should not obscure the fact that over 10 million people are now receiving unemployment checks instead of paychecks – 2.3 million more than when Democrats’ failed stimulus plan passed.  I am concerned that the… Read more

Thank you for yielding, Mr. Chairman. I’d be remiss if I didn’t take this opportunity to publicly congratulate my friend and colleague, Mr. Tanner, on his becoming Chairman of this Subcommittee.  I look forward to working with you in your new capacity.  Today we’re exploring the possibility of expanded trade with Cuba.  I’m open to loosening some restrictions on Cuba.  Specifically, I… Read more

Ways and Means Committee Chairman Sander M. Levin (D-MI) and Senate Finance Committee Chairman Max Baucus (D‐MT), along with Ways and Means Ranking Member Dave Camp (D-MI), Finance Ranking Member Chuck Grassley (R‐IA), and Rep. Charles B. Rangel (D-NY) introduced legislation today to help speed Haiti’s economic recovery following the devastating January earthquake that shattered the… Read more

Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today released a list of tax increases totaling $670.341 billion that have been enacted into law under President Obama.  The gross tax increases equate to more than $2,100 for every man, woman and child in the United States and include at least 14 violations of the President’s pledge not to raise taxes on Americans earning… Read more

In response to the issuance of a final rule by the U.S. Department of Labor ending state autonomy to choose how best to staff and administer Trade Adjustment Assistance (TAA) services and instead requiring that only state “Employment Service” employees administer TAA-funded benefits and services under the expanded TAA for workers program, Ways and Means Ranking Member Dave Camp (R-MI)… Read more

President Obama launched his National Export Initiative last month. Objective: Double exports in five years. Sounds good. Too bad some of our trading partners missed the memo. Brazil, in the same week, announced a plan to impose new tariffs on 102 U.S. products. On some items, the tariffs will go as high as 100%. In all, it will affect about $1 billion a year in U.S. exports. Brazil… Read more

Ways & Means Trade Subcommittee Ranking Member Kevin Brady (R-TX) issued the following statement today, urging the President to review the economy-wide effects of the increased tariffs on tire imports from China.  The law allows the President to request a report from the U.S. International Trade Commission to gauge whether or not the tariffs have proven effective after they have been… Read more

In the 1970s, China injected itself with economic reform.  Now, in 2010, China appears afflicted by a menacing strain of that reform that is either constraining a global economic recovery or, worse, capable of creating a new economic pandemic.  While China’s emergence as an economic powerhouse has rightly grabbed our attention, however, the trends are not new, and there… Read more