Blog

Currency Manipulation: Finding the Right Solution

February 12, 2015 — Blog

There is great unease today about currency manipulation abroad—and rightfully so. Some countries—particularly China—have distorted exchange rates to gain an advantage in the world market, hurting American exports by making their goods cheaper and ours more expensive.It’s a legitimate problem that deserves a ...

Bringing Tax Certainty for Families and Small Business

February 04, 2015 — Blog

"We need to fix our tax code—for everybody." That was the message from House Ways and Means Chairman Paul Ryan (R-WI) yesterday. And today, the committee is turning words into action by moving forward on bills to provide tax certainty for those too often forgotten about in tax policy: Everyday Americans and small ...

To Solve Social Security Challenge, Obama Administration Has to Admit it Exists

February 03, 2015 — Blog

At today's Ways and Means hearing, Treasury Secretary Jack Lew told Social Security Subcommittee Chairman Sam Johnson (R-TX) that the Social Security trust fund is "in stronger shape now" than when President Obama took office.Really, Mr. Secretary? No matter how you look at it, Social Security has only gotten weaker. Every year, the program’s trustees figure out ...

Newspapers across the Country Call on Congress to Put in Trade Promotion Authority

January 29, 2015 — Blog

As Republicans and Democrats work to put in place bipartisan trade promotion authority, editorial boards from coast to coast are rallying behind the effort. Trade Promotion Authority—or TPA—empowers Congress to set the negotiating objectives when pursing trade agreements with other countries and helps the United States get the best deal possible. Here’s a sampling of what ...

Moving America Forward: Expanding U.S. Trade

January 27, 2015 — Blog

This afternoon, the House Ways and Means Committee will hold a hearing on United States trade policy, with U.S. Trade Representative Michael Froman. It's an opportunity to explore a critical component of a pro-growth economic agenda: expanding export markets for American-made goods and services. The vast majority of the world’s consumers live beyond ...

Extended Unemployment Benefits Hurt Jobs, New Report Finds

January 26, 2015 — Blog

In 2013, Democrats argued that ending a “temporary” unemployment-benefits program would hurt families in need. In fact, they called unemployment benefits “one of the best ways to grow the economy.” At the same time, Republicans argued that the extended ...

Meet Your New Tax-Season Headache: Obamacare

January 20, 2015 — Blog

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 ...