Washington, DC – Rep. Dave Camp (R-MI), Ways and Means Committee Chairman and member of the Joint Select Committee on Deficit Reduction, released the following statement:
“America is facing a debt and jobs crisis. Congress must stop out-of-control spending, strengthen our economy and secure entitlement programs sooner, not later. It is deeply regrettable that my Democrat colleagues could not see their way to addressing these much needed reforms without at least $1 trillion in job-killing tax increases on families and employers. The failure of the Joint Select Committee on Deficit Reduction is a serious disappointment. However, I will redouble my efforts as Chairman of the Ways and Means Committee to enact pro-growth tax reform that makes our tax code simpler, fairer and more competitive to generate the economic growth and jobs America needs.”