WASHINGTON, D.C. – Ways and Means Committee Members today voted to pass three pieces of legislation that will help American families by making government more accountable. The combined legislation, known as the ‘savers’ package, will save taxpayers $16.5 billion over two years and a total of $98 billion over ten years.
As Ways and Means Committee Chairman Kevin Brady (R-TX) said:
“Each and every single one of our bills is simply a commonsense, good government solution that everyone could support.”
The savers package passed out of Committee today includes:
H.R. 4722, a bill to Prevent Abuse in the Refundable Child Tax Credit by Requiring a Social Security Number. As bill sponsor Rep. Sam Johnson (R-TX) noted:
“Requiring social security numbers is a long-standing commonsense idea … this bill is about protecting Americans’ hard-earned taxpayer dollars. It’s time to stand up for the American taxpayer.”
H.R. 4723, the Protecting Taxpayers by Recovering Improper Obamacare Subsidy Overpayments Act. As bill sponsor Rep. Lynn Jenkins (R-KS) said: “
This is a simple bill. It is about good governance and our duty to protect the tax dollars of hardworking Americans … Under Obamacare, some taxpayers must repay this improper overpayment. But others don’t. They can simply pocket it. That’s not fair. That’s not good governance … And it is a failure of our role to be good stewards of taxpayer dollars.”
H.R. 4724, the Reducing Duplicative and Ineffective Federal Funding Act, which ends the duplicative Social Services Block Grant (SSBG). As bill sponsor Chairman Brady explained:
“This commonsense bill will help end an unaccountable Washington project that isn’t effectively serving the American people or helping more people get out of poverty … Ending [SSBG] today continues our efforts to … ensure welfare programs are effectively helping low-income families.”
To learn more about the savers package, and today’s markup, click here.