COMMITTEE on WAYS and MEANS

The Jobs Search

Reason #16: Democrats’ $1 Trillion Stimulus Didn’t Create Jobs Like They Promised

Jul 21, 2014-- Democrats’ $1 Trillion Stimulus Didn’t Create Jobs Like They Promised. Democrats fell nearly 7 million jobs short of their stimulus promises for December 2010. It wasn’t until January 2014, an additional three years later, that the U.S. saw the number of jobs Democrats promised for 2010 with their trillion-dollar stimulus. Source: U.S. Department of Labor, Bureau of Labor Statistics. _____________... more

The Tax Tracker

Inversions: Fix the Problem, Don't Make it Worse

Jul 21, 2014-- Washington has been trying to stop inversions for three decades, but it never addresses the real problem – that having the highest corporate tax rate in the industrialized world is why we keep seeing companies move overseas. We need to fix a broken tax code that makes American workers and businesses uncompetitive. Even the Administration admits this is the right answer. Obama Plan Doesn’t Solve t... more

Floor Statements

Camp Floor Statement: H.R. 4719 - America Gives More Act

Jul 17, 2014-- The American people are the most charitable people in the world, donating money, food and clothing in times of need. Their donations ensure that charities and foundations can help individuals and communities across the country. There are numerous provisions in the tax code that encourage giving, and the bill we have before us today, H.R. 4719 – the America Gives More Act – ensures that some of the... more

The Jobs Search

Reason #15: Democrats’ $1 Trillion Stimulus Didn’t Reduce Unemployment Like They Promised

Jul 17, 2014-- Democrats’ $1 Trillion Stimulus Didn’t Reduce Unemployment Like They Promised. The unemployment rate continues to be significantly higher than Democrats projected with their trillion-dollar stimulus. Sources: January 2009 Romer/Bernstein Report ("Administration Prediction With Stimulus Plan”), and Department of Labor, Bureau of Labor Statistics (“Actual”). ________________ As introduced on June 17... more

Press Release

Emails Between Lerner and Democracy 21 Sought

Jul 16, 2014-- Washington, DC – Today, Ways and Means Chairman Dave Camp (R-MI) and Oversight Subcommittee Chairman Charles Boustany Jr., MD (R-LA) requested Democracy 21 provide all communications, including emails, between the advocacy group and former IRS Exempt Organizations Director Lois Lerner. Camp and Boustany requested the materials to help recover over two years of Lerner emails that were destroyed by ... more

The Jobs Search

Reason #14: The U.S. Economy Shrank in the First Quarter of 2014

Jul 16, 2014-- The U.S. Economy Shrank in the First Quarter of 2014. After several quarters of modest growth, U.S. Gross Domestic Product (GDP) declined by 2.9 percent, a pace not seen since the recession ended in 2009. Source: U.S. Department of Commerce, Bureau of Economic Analysis. ________________ As introduced on June 17, 2014, Ways and Means Chairman Camp is listing 40 reasons for the Senate to pass the 40... more

The Jobs Search

Reason #13: Worst “Recovery” Ever for GDP Growth

Jul 15, 2014-- Worst “Recovery” Ever for GDP Growth. Relative to prior recessions, growth in the U.S. economy has significantly underperformed during this “recovery.” Source: Council on Foreign Relations, Quarterly Update: The U.S. Economic Recovery in Historical Context. ________________ As introduced on June 17, 2014, Ways and Means Chairman Camp is listing 40 reasons for the Senate to pass the 40 jobs bills t... more