Washington, DC – In a report requested by Ways and Means Subcommittee on Social Security Chairman Sam Johnson (R-TX) and Senate Judiciary Committee Ranking Member Chuck Grassley (R-IA) that was released last week, the Government Accountability Office (GAO) found that participation in the Social Security Administration’s (SSA) return to work program, known as Ticket to [...]

Despite President Obama’s continued push to increase taxes, prominent economic advisers to Democrats suggest higher taxes are bad for the economy. Christina Romer In a study published with her husband, also a noted economist, Dr. Romer found that “tax changes have very large effects on output” and that “an exogenous tax increase of one percent [...]

Camp: Time for President to join GOP and put forward specific solutions Washington, DC — Ways and Means Committee Chairman Dave Camp (R-MI) made the following statement in response to the announcement by Moody’s Investors Services that America’s credit rating will “depend on the outcome of the negotiations on deficit reduction. A credible agreement on [...]

Today, in a hearing in the Ways and Means Committee, job creators and tax experts discussed how today’s current tax system inhibits, rather than promotes, job creation.  Excerpts from witness testimony demonstrate that lower tax rates, more certainty and greater simplicity in the tax code are vital to a climate ripe for job growth and [...]

Organizations representing 95 percent of America’s businesses – including the U.S. Chamber of Commerce and the National Federation of Independent Business – sent a letter to the House Ways and Means and Senate Finance Committees opposing a corporate-only approach to tax reform.  The letter calls on Congress to act on comprehensive tax reform. In the [...]

Chairman Dave Camp (R-MI) Committee on Ways and Means Hearing on the Need for Comprehensive Tax Reform to Help American Companies Compete in the Global Market and Create Jobs for American Workers May 12, 2011 Good morning, and thank you for joining us today for the latest in the series of hearings the Ways and [...]

President Obama Is Calling For Tax Hikes Even Though Some In His Own Party Say ‘Raising Taxes In A Weak Economy Could Impair Recovery’ DEM SENATOR: ‘I Wouldn’t Raise Any Taxes’ SEN. JOE MANCHIN (D-WV): “I Wouldn’t Raise Any Taxes.” (“Another Democrat Says Extend All Bush Tax Cuts,” Fox News, 9/15/10) SEN. JOE LIEBERMAN (ID-CT): [...]

Job Creators Group: ‘At A Time When We Are Experiencing Lackluster Economic Growth, Raising Taxes On Small Businesses Makes No Sense’ ‘Increasing Taxes Now Will Undermine Economic Recovery, Choke Off Job Creation’ U.S. CHAMBER OF COMMERCE: “At A Time When We Are Experiencing Lackluster Economic Growth, Raising Taxes On Small Businesses Makes No Sense … [...]

Washington, DC – Today, Ways and Means Health Subcommittee Chairman Wally Herger (R-CA), Ways and Means Oversight Subcommittee Chairman Charles Boustany (R-LA) and Congressman Dave Reichert (R-WA) sent a letter to IRS Commissioner Douglas Shulman, requesting IRS to review and examine whether AARP, Inc. should continue to be exempt from federal taxation.  Specifically, the Congressional [...]

I’d like to begin today by first thanking our special guests for being with us today.  It is an honor to be joined by James Baker – who served as Chief of Staff during President Reagan’s first term and went on to shepherd the 1986 tax reforms through the Administration as Treasury Secretary – and [...]