Democrats’ $1 Trillion Stimulus Didn’t Create Jobs Like They Promised. Democrats fell nearly 7 million jobs short of their stimulus promises for December 2010. It wasn’t until January 2014, an additional three years later, that the U.S. saw the number of jobs Democrats promised for 2010 with their trillion-dollar stimulus.
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Washington has been trying to stop inversions for three decades, but it never addresses the real problem – that having the highest corporate tax rate in the industrialized world is why we keep seeing companies move overseas. We need to fix a broken tax code that makes American workers and businesses uncompetitive. Even the Administration admits this is the right…
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The American people are the most charitable people in the world, donating money, food and clothing in times of need. Their donations ensure that charities and foundations can help individuals and communities across the country. There are numerous provisions in the tax code that encourage giving, and the bill we have before us today, H.R. 4719 – the America Gives More Act – ensures…
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House Committee on Ways and Means Health Subcommittee Chairman Kevin Brady (R-TX) today announced that the Subcommittee on Health will hold a hearing to examine the status of the Medicare Advantage (MA) program and the impact of the Affordable Care Act (ACA) on the MA program. The hearing will take place on Thursday, July 24, 2014 in 1100 Longworth House Office Building,…
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Democrats’ $1 Trillion Stimulus Didn’t Reduce Unemployment Like They Promised. The unemployment rate continues to be significantly higher than Democrats projected with their trillion-dollar stimulus.
Sources: January 2009 Romer/Bernstein Report ("Administration Prediction With Stimulus Plan”), and Department of Labor, Bureau…
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Washington, DC – Today, all Republican Members of the House Ways and Means Committee sent a letter to U.S. Trade Representative Michael Froman urging the Administration to build support for Trade Promotion Authority (TPA) and directing the Administration not to complete the Trans-Pacific Partnership (TPP) before TPA is enacted into law.
In the letter, the Members stated, “Because of…
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Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) and Oversight Subcommittee Chairman Charles Boustany Jr., MD (R-LA) requested Democracy 21 provide all communications, including emails, between the advocacy group and former IRS Exempt Organizations Director Lois Lerner. Camp and Boustany requested the materials to help recover over two years of Lerner emails that…
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The U.S. Economy Shrank in the First Quarter of 2014. After several quarters of modest growth, U.S. Gross Domestic Product (GDP) declined by 2.9 percent, a pace not seen since the recession ended in 2009.
Source: U.S. Department of Commerce, Bureau of Economic Analysis.
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As introduced on June 17, 2014,…
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Congressman Charles Boustany, Jr. MD (R-LA), Chairman of the Committee on Ways and Means Subcommittee on Oversight, today announced that the Subcommittee will hold a hearing on the integrity of the administration of the Affordable Care Act’s Premium Tax Credit. The hearing will take place on Wednesday, July 23, 2014, in Room 1100 of the Longworth House Office Building, beginning at…
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Worst “Recovery” Ever for GDP Growth. Relative to prior recessions, growth in the U.S. economy has significantly underperformed during this “recovery.”
Source: Council on Foreign Relations, Quarterly Update: The U.S. Economic Recovery in Historical Context.
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As introduced on June 17, 2014, Ways and…
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