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Cap and Handout: How Corporate Welfare Cost Consumers More
In order to get the Waxman Markey cap and trade bill through the House Energy and Commerce Committee, handouts had to be given. The basic idea behind cap and trade is to put a price on allowances, or...
View ArticleWho Needs a Ways and Means Committee?
The House Ways and Means Committee, the chief tax committee that has jurisdiction over all taxes and revenue-generating programs (social security, medicare, unemployment) is saying “no thanks” to...
View ArticleThe House Health Bill’s Higher Costs For Seniors
The Congressional Budget Office (CBO) released a preliminary analysis of the proposed changes to Medicare Part D, the prescription drug benefit for seniors, under the Ways and Means version of H.R....
View ArticleStimulus Fail: Study Finds Job Losses in 49 of 50 States
In mid-February, President Obama signed the massive $787 billion stimulus bill into law. According to the Bureau of Labor Statistics, a net of 3.6 million jobs have been lost since Obama was sworn in....
View ArticleThe House Health Bill: The House Ways and Means Amendments
Editor’s note: Speaker Nancy Pelosi (D-CA) recently indicated she plans to use the House Ways and Means Committee version of health care reform as the base of the bill moving forward in the House....
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Washington in a Flash: Mike Huckabee Visits Capitol Hill to Talk Taxes
The House Ways and Means Committee welcomes former Arkansas governor Mike Huckabee, a 2008 Republican presidential candidate, to testify on alternative tax systems. The hearing will examine the...
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Scribecast: Rep. Kevin Brady on Taxes, Free Trade and Why Texas Is Best
Rep. Kevin Brady (R-TX) visited Heritage earlier this week for The Bloggers Briefing and stuck around to chat in our Robert H. Bruce Radio Studio. On this week’s Scribecast, we cover tax reform,...
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How Congress Should Deal with China
The House Ways and Means Committee will hold a hearing tomorrow on America’s economic relations with China. This is easier said than done—there’s a lot of ground to cover. One topic gets the most...
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House Votes to Restore Welfare Work Requirements
Newscom On March 13, the House voted to restore the work requirements that the Obama Administration attempted to gut from the 1996 welfare reform law. The Preserving Work Requirements for Welfare...
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Ways and Means Small Business Tax Reform Proposal a Positive Step
Tetra Images Tetra Images/Newscom Under the leadership of Chairman Dave Camp (R–MI), the House Ways and Means Committee released draft legislation for improving the tax treatment of small business....
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House Makes Case for Improving Foster Care and Adoption
Newscom Today, many foster children languish in a system that can often become a “trap door” rather than a means to a stable home. The House Ways and Means Subcommittee on Human Resources held a...
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Tax Reform: Ways and Means Committee Takes Another Step
Newscom The House Ways and Means Committee took another necessary step toward tax reform with a report requested from and issued through the Joint Committee on Taxation (JCT). The report is a thorough...
View ArticleStop Blaming the Victims for the Misdeeds of the IRS
What’s more outrageous than the IRS scandal? Pointing the finger at the victims. That’s exactly what Representative Jim McDermott (D–WA) did last week. Leaders of six targeted groups testified before...
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Expiration of Trade Preference Program Means Higher Prices
Kenichiro Seki/ZUMA Press/Newscom On July 31, the Generalized System of Preferences (GSP) expired. GSP is a program that waives tariffs on thousands of products that Americans import from developing...
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A Constructive First Step to Reform Social Security
Newscom Dave Camp (R–MI), chairman of the House Ways and Means Committee, has announced a series of hearings on bipartisan entitlement reform proposals, the first of which is using the chained Consumer...
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IRS’s Lois Lerner Finally Loses Her Taxpayer-Funded Paycheck
Tom Williams/CQ Roll Call/Newscom The IRS has announced the retirement of Lois Lerner, one of the key officials at the center of the scandal over the agency’s targeting of Tea Party and other...
View ArticleCloakroom: October 28 – November 1
House Analysis: This week the House may consider two bills that would amend Dodd-Frank, the Retail Investor Protection Act and the Swaps Regulatory Improvement Act. On October 30, conferees from the...
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How to Fix the Absurd U.S. Tax System
Getty Images House Ways and Means Committee Chairman Dave Camp, R-Mich., recently jump-started the tax reform debate. It’s about time. The tax code stables in Washington haven’t been cleaned out since...
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Congress Sends a Criminal Referral to Eric Holder
Photo: AFP PHOTO/BRENDAN SMIALOWSKI/Newscom Rep. Dave Camp (R–Mich.), chairman of the House Ways and Means Committee, has sent a 14-page letter to Attorney General Eric Holder asking him to act on the...
View ArticleConstructive Small Business Expensing Bill Introduced
Representatives Pat Tiberi (R–OH) and Ron Kind (D–WI), both Ways and Means Committee members, have introduced the America’s Small Business Tax Relief Act of 2014 (H.R. 4457). This legislation would...
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