Washington, DC – Today, Ways and Means Oversight Subcommittee Chairman Charles Boustany Jr., M.D. (R-LA) wrote to Internal Revenue Service (IRS) Acting Commissioner Steven Miller to find out how much taxpayer money will be used to implement the Democrats' health care law and how many IRS employees have been pulled away from the agency's core mission to work on it. The IRS will be in charge of administering the health law, including overseeing the more than $1 trillion in tax hikes and major pro...
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Hearing on Ways and Means Financial Products Tax Reform Discussion Draft _____________________________________ HEARING BEFORE THE SUBCOMMITTEE ON SELECT REVENUE MEASURES OF THE COMMITTEE ON WAYS AND MEANS U.S. HOUSE OF REPRESENTATIVES ONE HUNDRED THIRTEENTH CONGRESS FIRST SESSION ________________________ March 20 , 2013 __________________ SERIAL 113-SRM01 __________________ Printed for the use of the Committee on Ways and Means COMMITTEE ON WAYS AND MEANS DAVE CAMP, Michigan,Chairman SAM JOHNSO...
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Three years ago this month, President Obama signed into law the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act. For individuals, families, and small businesses struggling to pay for health care, this milestone is no cause for celebration. Today we will examine the impact of the key tax provisions of that law. The President’s health care law contains over a trillion dollars in new taxes on employers, medical device makers, families buying health in...
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Hearing on the Tax-Related Provisions in the President’s Health Care Law _____________________________________ HEARING BEFORE THE SUBCOMMITTEE ON OVERSIGHT OF THE COMMITTEE ON WAYS AND MEANS U.S. HOUSE OF REPRESENTATIVES ONE HUNDRED THIRTEENTH CONGRESS FIRST SESSION ________________________ March 5, 2013 __________________ SERIAL 113-OS1 __________________ Printed for the use of the Committee on Ways and Means COMMITTEE ON WAYS AND MEANS DAVE CAMP, Michigan,Chairman SAM JOHNSON, Texas KEVIN BRA...
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Tomorrow, the Ways and Means Subcommittee on Oversight will examine the tax provisions contained in ObamaCare. Estimates by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) confirm that the Democrats’ health law is a trillion-dollar tax hike that families and employers simply cannot afford. Additionally, the Administration’s own documents state that the compliance burden of the new tax rules it has thus far written pursuant to ObamaCare will add over 40 million ho...
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Congressman Charles W. Boustany, Jr. M.D. (R-LA), Chairman of the Subcommittee on Oversight of the Committee on Ways and Means, today announced the Subcommittee will hold a hearing on the tax provisions contained in the Patient Protection and Affordable Care Act and Health Care and Education Reconciliation Act of 2010 (“President’s Health Care Law”). The hearing will take place immediately following the Subcommittee organizational meeting that begins at 11:00 a.m. on Tuesday, March 5, 2013, in R...
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Washington, DC- Today, Ways and Means Committee Chairman Dave Camp (R-MI) announced the Republican members of the subcommittees for the 113th Congress. The announcement comes a day after the Republican Steering Committee named the Committee’s final Republican Member, Congressman Jim Renacci (R-OH). “I congratulate the new and returning Members of each of the subcommittees,” said Camp. “The Committee faces a very busy Congress as we work to make our economy stronger and healthier so families can...
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Washington, DC – The Ways and Means, Education and the Workforce, and Energy and Commerce Committees today unveiled the ObamaCare Burden Tracker (#ObamaCareBurden). The Burden Tracker is a real-time online resource to help the public keep track of all of the new government mandates, rules, and red tape as a result of ObamaCare. The burden of ObamaCare is already being felt, even though many provisions of the law, including the requirement for most Americans to buy government-approved health insu...
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Washington, DC - Last week, the U.S. District Court for the District of Columbia ruled that the Internal Revenue Service (IRS) overstepped its authority by requiring all paid preparers to register with the IRS and provide for competency testing under its Registered Tax Return Preparer Program. With the 2013 tax filing season just getting underway this week, Oversight Subcommittee Chairman Charles Boustany Jr., M.D. (R-LA) wrote to the IRS regarding concerns that the ruling and subsequent lack of...
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Washington, DC– Despite having no authority to do so under ObamaCare, the Internal Revenue Service (IRS) issued a final rule in May 2012 to extend eligibility for health insurance subsidies to people enrolled in exchanges established and run by the federal government. Ways and Means Committee Chairman Dave Camp (R-MI) and House Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) today sent a letter to Acting Treasury Secretary Neal Wolin and Acting IRS Commissioner Steve Mille...
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