Feb 15, 2013-- February 17, 2013, will mark the fourth anniversary of Democrats’ failed 2009 stimulus plan – and yet another year in which Democrats’ economic policy promises turned out to be oversold and underperforming. As displayed below, despite adding $1 trillion to the national debt, this 2009 legislation has been followed by 2.8 million fewer jobs and an unemployment rate 2.7 percentage points higher tha... more
Feb 15, 2013-- Washington, DC- Today, Ways and Means Committee Chairman Dave Camp (R-MI) announced the Republican members of the subcommittees for the 113th Congress. The announcement comes a day after the Republican Steering Committee named the Committee’s final Republican Member, Congressman Jim Renacci (R-OH). “I congratulate the new and returning Members of each of the subcommittees,” said Camp. “The Commit... more
Feb 14, 2013-- Good morning and thank you for joining us today. As part of the Committee’s ongoing commitment to pursue comprehensive tax reform in an open and transparent manner, the Committee is holding today’s hearing to allow stakeholders and members of the public the opportunity to share their perspectives on the deduction for charitable contributions. For today’s hearing we granted all timely requests to ... more
Feb 14, 2013-- Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) congratulated and welcomed Congressman Jim Renacci (R-OH) to the Ways and Means Committee. Announcing his selection as the final Republican to join the Committee Camp said, “Congressman Renacci’s background as a small business owner means that he understands how policies written in Washington can affect the daily decisions a busines... more
Feb 13, 2013-- On January 1, 2013, taxes went up by $4.2 trillion, as Clinton-era policies snapped back into place. On January 2, however, Congress cut taxes by $3.6 trillion, permanently cementing into law the vast majority of the temporary tax cuts first enacted in 2001 and 2003. So, where does this leave American tax policy? Answer: still in need of reform. Last week, the Congressional Budget Office (CBO) rel... more
Feb 13, 2013-- Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) and Trade Subcommittee Chairman Devin Nunes (R-CA) issued the following statements after the release of the U.S.-EU High Level Working Group on Jobs and Growth’s report this morning and the President’s announcement last night in the State of the Union that he intends to launch negotiations for a comprehensive trade and investment ag... more
Feb 13, 2013-- Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) and Ranking Member Sandy Levin (D-MI) announced the formation of 11 separate Ways and Means Committee Tax Reform Working Groups. The groups will be led by one Republican Member serving as Chair and one Democratic Member serving as Vice Chair. Each of the 11 groups will review current law in its designated issue area and th... more
