UPDATES

Camp Floor Statement: H.R. 1586 – Taxing Bonuses Received from Certain TARP Recipients

March 19, 2009 — Press Releases

(REMARKS AS PREPARED)When Congress acted to stave off an imminent financial and economic collapse, the results of which would have been Depression-era unemployment levels, we did so with the faith that the past and current Administration would carefully manage the people’s money.  That trust has been shattered.  Lesson learned.What has been ...

IBD – Welfare Reform R.I.P.

March 17, 2009 — In Case You Missed It...

EditorialBig Government: Even many liberals thought the 1996 reform ended the welfare debate forever. That Congress' ...

Reuters: Caterpillar Cuts Another 2,500 Jobs

March 17, 2009 — In Case You Missed It...

Colombia FTA Would Help Caterpillar, American WorkersDespite the President’s media tour of Caterpillar this year to tout the stimulus bill that passed in mid-February, the company announced another 2,500 layoffs today.  Adding to Caterpillar’s woes is Speaker Pelosi’s continued ...

Herger Opening Statement: Hearing on MedPac’s Annual March Report to Congress on Medicare Payment Policy

March 17, 2009 — Opening Statements

(Remarks as Prepared)Thank you, Chairman Stark.MedPAC’s March report to Congress illustrates why we must approachhealth care reform very carefully and thoughtfully.  We don’t need tolook any further than the Medicare program to see that the federalgovernment has often shown itself to be incapable of accurately andappropriately administering health ...

Camp Statement on AIG Bonuses

March 17, 2009 — Press Releases

Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI)issued the following statement today on the decision by AIG, theinsurance giant that received over $170 billion in federal assistanceto date, to pay $165 million in retention bonuses to its employees.“I don’t know what’s more appalling: AIG’s decision or the choice bysome in Congress to sneak a provision into the ...

Camp: Small Business Loans Won’t Offset Higher Taxes

March 16, 2009 — Press Releases

Washington D.C. - Dave Camp (R-MI), Ranking Member of the House Ways and Means Committee, today questioned the Obama administration’s contradictory approach of offering new loans to the nation’s small businesses just weeks after proposing massive new tax hikes on these employers.“The President’s budget imposes historic levels of new taxes on small businesses at a cost of ...

Mexican Trade Retaliation Threatens US Jobs

March 16, 2009 — Press Releases

Agriculture, Manufacturing to Bear BruntWashington D.C. – Ways & Means Committee Ranking Member DaveCamp (R-MI) and Trade Subcommittee Ranking Member Kevin Brady (R-TX),issued the following statement today after Mexico announced that itwill retaliate against U.S. exports after Congress eliminated thetrucking pilot program:Mr. Camp stated, ...

Opening Statement of John Linder (R-GA)

March 12, 2009 — Opening Statements

SUBCOMMITTEE ON INCOME SECURITY AND FAMILY SUPPORT HEARING ONGLOBAL WARMING AND LOW-INCOME FAMILIESMARCH 12, 2009[AS PREPARED FOR DELIVERY]Chairman McDermott’s announcement for this hearing began with thisstatement:  “A major international assessment released in 2007highlighted the clear consensus in the ...