February 16, 2015—Ways and Means Chairman Paul Ryan speaking with Singapore Foreign Minister K. Shanmugam. On Monday, a congressional delegation led by Ways and Means Chairman Paul Ryan (R-WI) held meetings in Singapore, the first of three Asian nations the group will visit on the week-long… Read more

February 16, 2015— Members of the congressional delegation meet with the crew of the U.S.S. Fort Worth, stationed in Singapore.         … Read more

WASHINGTON — Today, the House of Representatives passed H.R. 636, America's Small Business Tax Relief Act, legislation introduced by Rep. Pat Tiberi (R-OH) that will make permanent important tax policies that will give small businesses the certainty they need to grow. Upon passage, Ways and Means Chairman Paul Ryan (R-WI) issued the following statement. "Small businesses need… Read more

WASHINGTON — This afternoon, a bipartisan delegation from the U.S. House of Representatives left Washington for a week-long visit to three Asian nations participating in ongoing Trans-Pacific Partnership negotiations. The eight-member delegation will meet with senior government officials and American and local business leaders in an effort to advance the U.S. trade agenda and strengthen… Read more

WASHINGTON — Today, Ways and Means Committee Chairman Paul Ryan (R-WI) delivered the following opening statement during the committee markup of a series of bills to strengthen 529 college savings plans and make permanent important tax provisions. "So, we're working on three bills today. And the point of all three is to make people's lives easier. It's to give them more certainty… Read more

There is great unease today about currency manipulation abroad—and rightfully so. Some countries—particularly China—have distorted exchange rates to gain an advantage in the world market, hurting American exports by making their goods cheaper and ours more expensive. It’s a legitimate problem that deserves a real response. The United States holds the world’s reserve currency. We have… Read more

WASHINGTON — Today, Senate Finance Committee Chairman Orrin Hatch (R-UT) and Ways and Means Social Security Subcommittee Chairman Sam Johnson (R-TX) introduced "The Social Security Disability Insurance and Unemployment Benefits Double Dip Elimination Act of 2015" in both the Senate and House. The legislation would prevent people from receiving both Social Security disability benefits and… Read more

WASHINGTON — Today, the House of Representatives passed H.R. 644, the Fighting Hunger Incentive Act, legislation that makes permanent certain tax provisions that encourage charitable giving. Upon passage, Ways and Means Chairman Paul Ryan (R-WI) issued the following statement. "Our charities do tremendous work fighting poverty in our country, and the last thing we should do is make… Read more

The results are in, and experts across the political spectrum agree: Trade is good for America. First, there's a new report from the center-left organization, Third Way, which concludes that "nearly all recent trade deals have improved our balance of trade in goods, and in the aggregate the gains have been substantial."1 The authors note that because the U.S. consistently runs… Read more

WASHINGTON — Today, Ways and Means Oversight Subcommittee Chairman Peter Roskam (R-IL) delivered the following opening statement during the subcommittee's hearing on the IRS’s use of civil-asset forfeiture laws to seize the bank accounts of law-abiding small businesses and the settlement tactics used by the agency. "Welcome. This is the Oversight Subcommittee’s first hearing of the… Read more