House Ways and Means Trade Subcommittee Chairman Devin Nunes (R-CA) today announced that the Subcommittee will hold a hearing on the trade implications of U.S. energy policy and the export of liquefied natural gas (LNG). The hearing will focus on the opportunities and trade implications created by recent developments in the U.S. energy sector related to LNG. The hearing…
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Since Chairman Camp released the Tax Reform Act of 2014, four different analyses by independent economists have all shown that it will result in significantly stronger economic growth. Analysis by the non-partisan Joint Committee on Taxation (JCT, the official Congressional scorekeeper) found that the proposal would increase GDP growth by $3.4 trillion and result in an…
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Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) made the following statement on the second anniversary of the U.S. having the highest corporate tax rate in the industrialized world.
"Our current tax code is a joke. Our high corporate tax rate is a wet blanket on the economy, preventing businesses from growing and hiring here in the U.S. We can…
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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 implications of the recently released final regulations implementing the employer mandate and employer information reporting requirement provisions of the Affordable Care Act. This hearing will allow the Subcommittee to hear directly from…
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Congressman Dave Camp (R-MI), Chairman of the Committee on Ways and Means, today announced that the Committee will hold a hearing on those expired business tax provisions that would be extended by the tax reform discussion draft released on February 26, 2014, with a particular emphasis on how permanent tax policy can promote certainty for American businesses and generate additional…
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According to data from the Department of Labor, the U.S. has spent an estimated $26.0 billion in error on Federal extended Unemployment Insurance (UI) benefits since the temporary Emergency Unemployment Compensation (EUC) program was created in July 2008. Given the record scale of the EUC program, this is in all likelihood the largest amount of misspending under any such temporary…
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Today, Ways and Means Committee Chairman Dave Camp (R-MI) issued the following statement:
“Today, I am announcing that I will not seek re-election to the United States House of Representatives. This decision was reached after much consideration and discussion with my family.
“Serving in Congress is the great honor of my professional life. I am deeply grateful to the…
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The Federal Extended Unemployment Compensation (EUC) program expired in December, after providing record amounts of financial assistance to over 24 million long-term unemployed individuals. History shows the EUC program provided for record weeks of unemployment benefits per person (a total of up to 99 weeks of all UI benefits in many states, far eclipsing the norm of up to 52…
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House Ways and Means Committee Chairman Dave Camp (R-MI) today announced that the Committee on Ways and Means will hold a hearing on President Obama’s trade policy agenda with U.S. Trade Representative Michael Froman. The hearing will take place on Thursday, April 3, 2014, in 1100 Longworth House Office Building, beginning at 9:30 A.M.
In view of the limited time available to…
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