COMMITTEE on WAYS and MEANS

Press Release

Ryan Applauds Jenkins–Kind Bill to Promote and Expand 529 College-Savings Plans

Jan 26, 2015-- WASHINGTON — Today, Ways and Means Committee Chairman Paul Ryan (R-WI) issued the following statement in support of H.R. 529, bipartisan legislation introduced by Reps. Lynn Jenkins (R-KS) and Ron Kind (D-WI) that would expand, modernize, and strengthen tax-free 529 college-savings plans. "The solution to skyrocketing tuition costs isn’t to make saving for college more expensive, as the President ... more

Press Release

Chairman Roskam Presses IRS for Answers on Hiring Obamacare Contractor

Jan 23, 2015-- WASHINGTON — Today, Ways and Means Oversight Subcommittee Chairman Peter Roskam (R-IL) sent a letter to IRS Commissioner John Koskinen asking him to explain why the agency recently hired CGI Federal, the same contractor that bungled the rollout of Healthcare.gov. Upon sending the letter, Chairman Roskam issued the following statement. “The American people should know why the IRS spent millions of ... more

Press Release

Chairman Tiberi Welcomes President's Support for TPA

Jan 21, 2015-- WASHINGTON — Today, Ways and Means Trade Subcommittee Chairman Pat Tiberi (R-OH) issued the following statement in response to President Obama's comments on trade during the State of the Union address. "President Obama showed a glimmer of bipartisanship last night with his support for growing the economy and promoting job creation through trade agreements and Trade Promotion Authority (TPA). Trade... more

Press Release

Ryan Responds to President Obama's State of the Union Address

Jan 20, 2015-- WASHINGTON — Ways and Means Committee Chairman Paul Ryan (R-WI) issued the following statement in response to President Obama's State of the Union address. “The President said he wants to work with Congress, and I want to take him up on that offer. But to make real progress, we have to focus on finding common ground—not issues that only divide us. “I was glad to hear the President ask Congress to ... more

Blog

Meet Your New Tax-Season Headache: Obamacare

Jan 20, 2015-- Today marks the official start of tax season, the annual – and frustrating – American tradition of sorting through a long and complicated tax code to figure out what you owe to Uncle Sam. And this year will be even worse — thanks to Obamacare. As Bloomberg reports, not only will every taxpayer need to determine whether they satisfy the individual-mandate requirements, but also “[m]illions who rece... more

Blog

SOTU and Trade: What to Listen for

Jan 20, 2015-- There’s probably no better opportunity for bipartisan achievement this year than expanding export markets for American goods and services. This starts with passing Trade Promotion Authority—or “TPA.” Last year, the President gave TPA only the most fleeting of mentions in his State of the Union address. And it took Sen. Harry Reid (D-NV) fewer than 24 hours to put the kibosh on the idea. So this y... more

Blog

The Obama Tax Hike in a Word: Seriously?

Jan 19, 2015-- "The tax area is one area where we can get things done.” That was President Obama just one month ago, calling tax reform an issue on which the two parties might find common ground in 2015. It was an optimistic view, but one that many Republicans shared. Fast forward to this weekend, and that optimism has, well, eroded, as we see now what the president had mind: a $320 billion tax hike on savings a... more