Welcome to the Subcommittee on Oversight’s annual hearing on the Internal Revenue Service’s operations and budget.
Just last week, million of taxpayers across America scrambled to meet their tax filing obligations by April 15. That was no easy feat. Every year, taxpayers face a tax code of growing complexity. Indeed, there have been nearly 5,000 changes…
Read more
Good morning. We are meeting today to consider H.R. 807, the “Full Faith and Credit Act,” introduced by Congressman McClintock earlier this year. I will be offering an amendment in the nature of a substitute to ensure that the United States never defaults on a debt payment.
In February of this year, the President signed into law H.R. 325, the “No Budget, No Pay Act,”…
Read more
Washington, DC - Today, Ways and Means Chairman Dave Camp (R-MI) made the following statement upon the announcement that Senate Finance Chairman Max Baucus (D-MT) will retire at the end of his term in 2014.
“Max is a true legislator and friend for whom I have great respect, and I look forward to continuing our work to fix the tax code and protect and preserve our entitlement programs…
Read more
As our economy continues to struggle, ObamaCare is resulting in an alarming trend of both fewer jobs and shifting workers from full-time to part-time. That number is about to climb even higher as the employer mandate in the Democrats’ health care law takes effect. Beginning in 2014, any employer with more than 50 full-time equivalent employees will be mandated to either…
Read more
U.S. Congressman Sam Johnson (R-TX), Chairman of the House Committee on Ways and Means Subcommittee on Social Security, today announced a hearing on the challenges facing the next Commissioner of Social Security. The hearing will take place on Friday, April 26, 2013, in B-318 Rayburn House Office Building, beginning at 9:30 a.m.
In view of the limited time available to hear…
Read more
Included in the President’s budget proposal was a change to the way Social Security measures inflation – moving from the current measure to the chained Consumer Price Index. As Treasury Secretary Lew stated during his testimony before the Ways and Means Committee on the President’s budget, “The Chained CPI is a more accurate measure of inflation in that it does a better job of…
Read more
Welcome to the first in the Committee’s hearing series on the President’s and other bipartisan entitlement reform proposals.
Americans deserve action to protect and preserve Social Security.
According to the Social Security Board of Trustees, beginning in 2033, Social Security will be unable to pay full benefits. In other words, when today’s…
Read more
Congressman Charles W. Boustany, Jr., M.D., (R-LA), Chairman of the Subcommittee on Oversight of the Committee on Ways and Means, today announced that the Subcommittee will hold a hearing on the Internal Revenue Service (“IRS”) and the 2013 tax return filing season. The hearing will take place on Thursday, April 25, 2013, in Room 1100 of the Longworth House Office Building,…
Read more
Washington, DC – Today, Ways and Means Oversight Subcommittee Chairman Boustany Jr., M.D. (R-LA) sent a letter to Internal Revenue Service (IRS) Acting Commissioner Steve Miller inquiring about IRS employees leaving their official duties to attend union training conferences on the taxpayer’s dime.
Recently, the IRS informed its employees that, due to sequestration, five to seven…
Read more