Feb 24, 2016 Blog
Here’s something we can all agree on: tax inversions are a big, big problem. Companies changing their address – on paper only – to lower the taxes they pay in the U.S. is costing us tens of billions of dollars. But instead of acting to immediately stop inversions, Republicans on the Ways and Means Committee today are holding a hearing on international tax reform. We should do tax reform. But closing this gaping loophole cannot wait.
Feb 2, 2016 Blog
Today – Groundhog Day – House Republicans will wake up, drink their morning coffee, read the paper, and then do what they’ve done 62 times before: vote to repeal or undermine the Affordable Care Act.
Oct 21, 2015 Blog
The evidence is clear: defaulting on our nation’s debt is no joke. The only real solution to avoid default is to raise our nation’s debt limit. Take a look at what’s being said by economists, government officials, and stakeholders about the consequences of default if Congress fails to raise the debt limit:
Oct 20, 2015 Blog
The Republicans’ “Pay China First” debt prioritization bill (H.R. 692), scheduled to go to the House Floor for a vote tomorrow, would guarantee payments to some Treasury bondholders in the case of a default – while leaving the majority of the 80 to 100 million payments we make each month at risk.
Sep 29, 2015 Blog
This morning, the Ways and Means Committee is marking up budget reconciliation bills that amount to the 61st vote to repeal the Affordable Care Act. The bills are part of the GOP effort to appeal to extremists in the party in order to avoid a #GOPShutdown.
Sep 17, 2015 Blog
Well, it’s official: House Republicans have now approved more than $1 trillion in unpaid for tax breaks this year alone in the Ways and Means Committee, irresponsibly adding to our nation’s deficit at a time when Americans can least afford it.
Sep 10, 2015 Blog
House Republicans have a plan for the United States to default on its legal obligations for the first time in our history, which would be devastating to our economy and our credibility in the world.
Sep 9, 2015 Blog
Experts agree that the GOP's plan to prioritize the U.S.'s debts is simply “default by another name." The legislation marked up by the Ways and Means Committee would direct Treasury to pay our debts to China and other bondholders while defaulting on debts owed to veterans, active troops, doctors, and small businesses.
Jul 10, 2015 Blog
The United States and Mexico have been free trade agreement partners for over 20 years, since the North American Free Trade Agreement (NAFTA) took effect on January 1, 1994. And yet, one of the most important outstanding issues in the Trans-Pacific Partnership Agreement (TPP) negotiations relates to a subject that was and remains an open sore left over from the debate and passage of NAFTA: Mexico’s severely deficient labor standards and worker rights.
Jun 18, 2015 Blog
This morning, Pope Francis released a much-anticipated encyclical on climate change, elevating the issue to a new level of global importance. Meanwhile, in an effort to gain votes for “fast track” trade legislation, Republican leaders in Congress are seeking to appeal to a rigid ideological agenda and block the President from addressing climate change in our trade agreements with other countries.