House Committee on Ways and Means Subcommittee on Oversight Chairman Peter Roskam (R-IL) today announced that the Committee on Ways and Means Subcommittee on Oversight will hold a 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 employed by the agency. The hearing will take place on Wednesday,… Read more

WASHINGTON — Today, Ways and Means Chairman Paul Ryan (R-WI) delivered the following opening statement during the Ways and Means hearing on the President's fiscal year 2016 budget proposal with Treasury Secretary Jacob J. Lew. "So, Secretary Lew, we got your budget yesterday, and I have to say, as a former budget chairman, I’m miffed. Four years in a row you’re late, and the minute… Read more

Milwaukee Journal Sentinel op-ed   I decided not to run for president for a simple reason: Our economy — our country — is in jeopardy, and I have an opportunity to do something about it right where I am. The way I see it, the American idea — that the condition of your birth doesn't determine the outcome of your life — is fading. And there's no better place in the House of… Read more

WASHINGTON — Today, the House of Representatives passed H.R. 596, legislation to repeal the Patient Protection and Affordable Care Act. The bill also directs three House Committees, including the Ways and Means Committee, to develop patient-centered legislation to replace the law. Upon passage, Ways and Means Committee Chairman Paul Ryan (R-WI) issued the following statement. “Instead… Read more

At today's Ways and Means hearing, Treasury Secretary Jack Lew told Social Security Subcommittee Chairman Sam Johnson (R-TX) that the Social Security trust fund is "in stronger shape now" than when President Obama took office. Really, Mr. Secretary? No matter how you look at it, Social Security has only gotten weaker. Every year, the program’s trustees figure out how big of a shortfall… Read more

WASHINGTON — Today, Ways and Means Committee Chairman Paul Ryan (R-WI) issued the following statement in response to President Obama's Fiscal Year 2016 budget proposal. "For six years the president has pursued higher taxes and higher spending, and our economy has paid the price. This budget is simply more of the same. The American people are working harder than ever to get ahead,… Read more

WASHINGTON — In his first major policy address since assuming the top spot at the House Ways and Means Committee, Chairman Paul Ryan (R-WI) will speak at the Washington International Trade Association (WITA) about the committee’s trade policy agenda for the 114th Congress. In his remarks, he will make the case for how trade improves America’s economy, national security, and… Read more

WASHINGTON — House Ways and Means Committee Chairman Paul Ryan (R-WI) made an appearance on Meet the Press this morning. In his interview with moderator Chuck Todd, Chairman Ryan talked about the committee's focus on an "optimistic agenda for the country." Excerpts from his interview are below.  On committing himself to the Ways and Means Committee: “I decided early… Read more

WASHINGTON — Today, the Commerce Department released the latest estimate for real gross domestic product in the fourth quarter of 2014. Ways and Means Committee Chairman Paul Ryan (R-WI) issued the following statement upon the report's release. "If today’s report tells us anything, it’s that we still aren’t fulfilling our potential. Economic growth is low and wage growth… Read more

As Republicans and Democrats work to put in place bipartisan trade promotion authority, editorial boards from coast to coast are rallying behind the effort. Trade Promotion Authority—or TPA—empowers Congress to set the negotiating objectives when pursing trade agreements with other countries and helps the United States get the best deal possible. Here’s a sampling of what newspapers have… Read more