Dec 23, 2010-- Many parents have heard FICA Screams. Indignant children, holding in trembling hands their first paychecks, demand to know what FICA is and why it is feasting on their pay. FICA (the Federal Insurance Contributions Act tax) is government compassion, expressed numerically: It is the welfare state; it funds Social Security and Medicare. Sometimes it makes young people into conservatives. Dave Camp... more
Dec 22, 2010-- Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) and Trade Subcommittee Ranking Member Kevin Brady (R-TX) released the following statements on House passage of legislation to extend the Andean Trade Preference Act (ATPA) and Trade Adjustment Assistance (TAA) programs by six weeks. Rep. Camp: “I am pleased that Congress has ensured the continuation of the ATPA and TAA programs f... more
Dec 21, 2010-- At last, the Obama administration has cut a deal with South Korea, paving the way for congressional approval of a long-stalled free-trade agreement with that crucial Asian ally. Now, what about Colombia and Panama? Alas, the administration's answer still appears to be "not yet." White House spokesman Robert Gibbs announced Friday that the president would not be submitting the Colombia or Panama fr... more
Dec 17, 2010-- As displayed in the chart below, Democrats’ 2009 stimulus bill has failed to create jobs, as 47 out of 50 states lost jobs between February 2009 (when the law was signed) and November 2010 (the most recent data). It is telling that the only place in America that has exceeded the White House’s expectations for job creation is Washington, D.C. Meanwhile 13 States (CA, CO, DE, GA, IL, KS, MI, MO, N... more
Dec 16, 2010-- Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today delivered a statement on the House floor in support of the Tax Hike Prevention Agreement. Below are excerpts, followed by the full statement. The choice lawmakers face: “This House – the people’s House – has a simple choice to make today. Raise taxes on families and small businesses or prevent a massive, job-killing tax i... more
Dec 16, 2010-- Ways and Means Ranking Member Dave Camp (R-MI) today made the following statement following House passage of HR 4853 - The Tax Prevention Agreement: “While this bill is not perfect, Congress made the right decision today to prevent a job-killing tax hike on Americans and small businesses. While I would prefer these provisions be extended permanently, this bill will give us some breathing room... more
Dec 15, 2010-- Below are statements from conservatives in support of the tax agreement that is expected to be voted on in the Senate today and later this week by the House. The agreement will prevent a massive, job-killing tax hike from kicking in on January 1. Americans for Tax Reform (ATR): “The whole point of this tax deal is to prevent taxes from going up on anybody. It would be wrong to leave American ... more
