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  • Shuster-Ryan Statement on Surface Transportation Extension
    Posted in Press Releases on May 15, 2015 | Preview rr
    Tags: Full Committee

    WASHINGTON — House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) and House Ways and Means Committee Chairman Paul Ryan (R-WI) released the following statement after the introduction of legislation to authorize the highway and transit programs through the end of July. "While highway and transit program spending authority expires at the end of the month, the Highway Trust Fund has sufficient resources to fund its obligations through the end of July. It was our preference... Read more

  • Ryan on C-SPAN: Trade Agreements Result in ‘More Economic Growth, More Job Creation, and Better Wages’
    Posted in Press Releases on May 15, 2015 | Preview rr
    Tags: Full Committee, Trade

    WASHINGTON — In an interview with C-SPAN, Wisconsin’s First District Congressman and House Ways and Means Chairman Paul Ryan made the case for Congress passing trade promotion authority explaining how it empowers the legislative branch in trade agreements. Ryan also argued that the U.S. must provide a counterweight to China and take the lead in writing the rules of the global economy. Audio of the interview is available here. Excerpts of Chairman Ryan’s responses follow. 150 Guidelines in TPA Gi... Read more

  • Krauthammer: Vote for TPA
    Posted in Blog on May 15, 2015 | Preview rr
    Tags: Full Committee, Trade

    By Charles Krauthammer That free trade is advantageous to both sides is the rarest of political propositions—provable, indeed mathematically. David Ricardo did so in 1817. The Law of Comparative Advantage has held up nicely for 198 years. Nor is this abstract theory. We’ve lived it. The free-trade regime created after World War II precipitated the most astonishing advance of global welfare and prosperity the world has ever seen. And that regime was created, overseen, guaranteed and presided ove... Read more

  • Chairman Roskam Statement on IRS and DOJ Decision to Return Wrongfully Seized Bank Account to NC Business Owner
    Posted in Press Releases on May 15, 2015 | Preview rr
    Tags: Oversight, Full Committee

    WASHINGTON — Today, Ways and Means Oversight Subcommittee Chairman Peter Roskam (R-IL) released the following statement after reports that the Internal Revenue Service (IRS) and Department of Justice (DOJ) returned the wrongfully seized $107,000 bank account of North Carolina business owner Lyndon McLellan, which was taken without any suspicion of illicit activity. "What the IRS and Justice Department did to Lyndon McLellan is unfortunately not unique. The law provides the government tools to st... Read more

  • Ryan Statement on Senate Movement of Trade Bills
    Posted in Press Releases on May 14, 2015 | Preview rr
    Tags: Full Committee, Trade

    WASHINGTON — House Ways and Means Committee Chairman Paul Ryan (R-WI) released the following statement after the Senate passed its versions of the Trade Preferences Act and the Trade Facilitation and Trade Enforcement Act as well as achieved cloture on a package that includes the Bipartisan Congressional Trade Priorities and Accountability Act (TPA). "A robust trade agenda is critical to a healthy economy and strong American leadership in the world. That's why I'm pleased that the Senate has bee... Read more

  • CRS: TPA Gives ‘No New Authority’ to the President, Says New Report
    Posted in Blog on May 14, 2015 | Preview rr
    Tags: Full Committee, Trade

    "TPA grants no new authority to the President," says a new report by the nonpartisan Congressional Research Service. "The President possesses inherent authority to negotiate with other countries to arrive at trade agreements. If any such agreement requires changes in U.S. law, however, it could be implemented only through legislation enacted by Congress." Taking head-on a lot of myths about trade promotion authority, CRS explains how TPA puts Congress in the driver’s seat of trade negotiations. ... Read more

  • Ryan on Fox News: ‘It’s about Jobs. It’s about America Leading.’
    Posted in Press Releases on May 14, 2015 | Preview rr
    Tags: Full Committee, Trade

    WASHINGTON — This morning, House Ways and Means Chairman Paul Ryan (R-WI) spoke to Fox & Friends about the importance of Congress coming together to move forward on Trade Promotion Authority (TPA) legislation, so that we can get new trade agreements that will open up new markets for our products and create good-paying jobs right here in America. When asked about Senate leaders striking a new deal to move forward with TPA legislation, Ryan said: “Well the Democrats obviously dealt [the president... Read more

  • Empower Congress. Pass TPA.
    Posted in Blog on May 14, 2015 | Preview rr
    Tags: Full Committee, Trade

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  • #TBT: Reagan and Trade
    Posted in Blog on May 14, 2015 | Preview rr
    Tags: Full Committee, Trade

    President Reagan with James Baker, Clayton Yeutter, and Allan Gotlieb signing the Canada United States Free Trade Agreement Implentation Act in the Rose Garden. 9/28/88. On this #ThrowbackThursday, we look back at one of the biggest champions of expanding American trade: Ronald Reagan. Our 40th president pursued a vigorous trade agenda. He negotiated the U.S.’s very first free-trade agreement—that with Israel in 1985. The next year, he launched the Uruguay Round of trade talks, which led to the... Read more

  • Ryan on CNBC: America's 'Credibility Is at Stake'
    Posted in Press Releases on May 13, 2015 | Preview rr
    Tags: Full Committee, Trade

    WASHINGTON — This morning, House Ways and Means Chairman Paul Ryan spoke with CNBC’s Squawk Box on why Congress needs to come together and pass trade promotion authority legislation. Excerpts from his remarks follow. “I can't imagine the Democrats are going to deal the leader of their party, the President, this kind of defeat, and I think we'll get through this. There have been through these kinds of snafus fairly often in the Senate. They have these kinds of votes fairly often. . . . But Democ... Read more