(Washington, DC) Congressman John Yarmuth (KY-3) has received one of the five seats on the House Budget Committee reserved for members of the Committee on Ways & Means.

“The budget challenges we currently face are as great as any time in our nation’s history,” Congressman Yarmuth said.  I look forward to working to balance the priorities that will respond to our immediate economic problems and invest in the foundation of America’s long-term prosperity.”

Yarmuth also received appointments to the Ways & Means’ Subcommittees on Social Security and on Select Revenue Measures. 

The highly sought-after Select Revenue Measures Subcommittee, will be instrumental in crafting the upcoming stimulus package, as well as working on matters relating to energy policy, tax policy, and worker issues.

In addition to working to ensure Social Security’s long-term solvency, the Social Security Subcommittee has jurisdiction over matters that relate to the federal retirement age, Survivors’ and Disability Insurance System, the Railroad Retirement System, and employment taxes and trust fund operations relating to those systems.

“I will work to ensure that all economic stimuli benefit working families with tax credits for college tuition, incentives for green jobs, and funding for projects that will improve the Louisville community and put people to work again. These assignments offer an exciting opportunity to restore financial security for millions of retirees and millions more who plan to retire in the coming years,” Yarmuth said.