COMMITTEE on WAYS and MEANS

Facts Are Stubborn Things

Americans Continue to Struggle under the Obama Economy

Oct 15, 2012-- Recently, the Congressional Budget Office reported that the country posted a deficit of $1.1 trillion in fiscal year 2012. Despite his promise to cut the deficit in half by the end of his term, this is the fourth consecutive trillion-dollar deficit under President Obama. As the table below shows, these massive deficits are simply one of the ways the policies of the Obama Administration have failed... more

The Jobs Search

Before and After: Jobs Down, Poverty and Government Dependence Up During the Obama Administration

Oct 11, 2012-- Before Obama* After Obama** Change Jobs (Payroll Employment) 136.8 million 133.5 million (9/2012) - 3.3 million Not in Labor Force 79.5 million 88.7 million (9/2012) + 9.2 million People in Poverty 39.8 million 46.2 million (CY 2011) + 6.4 million Welfare Recipients (TANF) 4.0 million 4.5 million (12/2011) + 0.5 million Disability Recipients (SSI/SSDI) 12.1 million (12/08) 14.0 million (8/2012) +... more

The Jobs Search

Obama’s Lost Decades – At the Current Pace, “Jobs Gap Will Not Close Until After 2025”

Oct 10, 2012-- Last week’s jobs report showed that the Obama Administration’s failed economic policies resulted in the addition of just 114,000 net new jobs in the month of September. As the Brookings Institution chart below shows, at this pace, it will take well past 2025 until all the jobs lost during the last recession are recovered. And if their failed policies of the past weren’t enough, Democrats’ willing... more

Press Release

Camp Statement on Passing of Former Congressman Sam Gibbons

Oct 10, 2012-- Washington, DC - Today, Ways and Means Chairman Dave Camp (R-MI) released the following statement upon the news that former Congressman Sam Gibbons (D-FL) had passed away. Gibbons served in Congress from 1962 until his retirement in 1996, and as acting Chairman of the Ways and Means Committee in 1994. He also served as Chairman of the Ways and Means Trade Subcommittee. “Sam Gibbons is the image t... more

Press Release

Camp Statement on September Jobs Report

Oct 5, 2012-- Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) released the following statement in reaction to the September jobs report from the U.S. Department of Labor. A net total of 114,000 jobs were created, and the unemployment rate for September decreased to 7.8 percent. “Today’s weak jobs report is another disappointing reminder of the failure of the Obama Administration’s economic pol... more

The Jobs Search

10 Key Facts on Jobs and Unemployment

Oct 5, 2012-- 1. 4.1 Million Fewer Jobs than Projected: In January 2009 the Obama Administration forecast there would be 137.6 million jobs in December 2010. Instead there were 130.3 million jobs in December 2010. Even 21 months later in September 2012, there are just 133.5 million jobs – 4.1 million fewer than the Administration’s forecast for late 2010. 2. Slower Jobs Recovery than during the Great Depression... more

Press Release

Camp Demands Delphi Pension Documents from Treasury and White House

Oct 4, 2012-- Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) called on the White House and the Department of Treasury to turn over all records associated with the decision to top off pensions for Delphi’s union beneficiaries while terminating its non-union pensions without additional funding. Camp made the request after the White House and Treasury were caught withholding documents ... more