Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) and Oversight Subcommittee Chairman Charles Boustany Jr., M.D. (R-LA) announced the first three steps the Committee is taking in reaction to the late Friday announcement that the Internal Revenue Service (IRS) claims to have lost key emails in the investigation into the IRS targeting American…
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Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) issued the following statement regarding the Internal Revenue Service informing the Committee that they have lost Lois Lerner emails from a period of January 2009 – April 2011. Due to a supposed computer crash, the agency only has Lerner emails to and from other IRS employees during this time frame. The…
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On the sixth Father’s Day of the Obama Administration, it’s time to review how America’s fathers have been doing in the Obama Economy. Overall, the answer is not well. For example, as economist Heidi Shierholz of the liberal Economic Policy Institute recently admitted: “Men…are still nearly 700,000 jobs below their pre-recession employment peak, and given growth in the…
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Businesses all across the country are applauding H.R. 4457, America's Small Business Tax Relief Act of 2014, which will reduce the tax burden on small businesses by permanently extending Section 179 expensing. At a time when economic growth is stagnant, making certain tax policy permanent encourages businesses to grow, invest and hire.
Over 150 organizations representing…
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Small businesses and their workers are hit the hardest by the burdens and regulations in our overly complex tax code. Tax compliance costs are 65 percent higher for small businesses than big business, costing them $19 billion per year. We need small businesses doing what they do best – creating jobs and growing our local economies – not buried under mounds of paperwork.…
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The tax burden small businesses, farmers, ranchers and their workers face is far too high. Every dollar Washington takes from small businesses is a dollar they do not have to invest in equipment, start a new production line, hire a new employee or provide more in wages and benefits. Businesses aren’t growing and hardworking Americans are seeing stagnant wages and fewer work…
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Good morning. Welcome to today’s hearing on the benefits of expanding U.S. agriculture trade and eliminating barriers to agriculture exports – key factors in advancing our trade agenda and creating U.S. jobs and economic opportunity. I’d like to make four points.
First, the United States must remain the world’s leading agriculture exporter. We excel at producing and exporting a wide…
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House Ways and Means Health Subcommittee Chairman Kevin Brady (R-TX) today announced that the Subcommittee on Health will hold a hearing on the Medicare Payment Advisory Commission’s (MedPAC) June report to the Congress. The report details the Commission’s recommendations for reforming Medicare payment policies. The Subcommittee will hear from MedPAC’s Executive Director,…
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According to a recent CNNMoney poll, a majority of Americans believe the American Dream is impossible to achieve. Even more alarming, 63 percent of Americans 18-34 years old think the American Dream is completely out of reach, with most believing they belong to a generation that will not be better off than their parents.
After last week’s jobs report, it’s not surprising…
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Then-Speaker Nancy Pelosi famously warned Congress and the American People about the Affordable Care Act, “we have to pass the bill so that you can find out what is in it.” Over four years later, the American people continue to learn and continue to be surprised.
Today the Health and Oversight subcommittees will hear testimony about yet another surprise.
Today, 8…
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