Showing posts with label House Ways and Means Committee. Show all posts
Showing posts with label House Ways and Means Committee. Show all posts

Thursday, April 23, 2015

Were They Tea Party Taxpayers?

April 23, 2015 Associated Press , House Ways and Means Committee 0 Comments
IRS' Overloaded Phone System Hung Up On Over 8M Taxpayers

By Associated Press, Apr. 22, 2015, NYPost.com

WASHINGTON — The IRS’ overloaded phone system hung up on more than 8 million taxpayers this filing season as the agency cut millions of dollars from taxpayer services.

For those who weren’t disconnected, only 40 percent actually got through to a person. Many of those people had to wait on hold for more than 30 minutes.

A new staff report by Republicans on the House Ways and Means Committee says the IRS diverted millions from taxpayer services and other areas to pay for President Barack Obama’s health law.

Read the full story:  www.nypost.com

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Sunday, March 30, 2014

Solar Industry Could Face Disaster, Lawmakers May End Tax Credits --Green crony capitalism is still crony capitalism.

March 30, 2014 Alternative Energy , House Ways and Means Committee 0 Comments
By Tori Richards, Mar. 26, 2014, Twonhall
A pair of U.S. House bills ask for an end to tax credits responsible for creating and propping up the American solar energy industry.
House Ways and Means Committee Chairman Dave Camp, a Michigan Republican, proposes an end to the federal giveaways. Fellow GOP Congressman Mike Pompeo of Kansas has introduced a similar bill.
“For years we had worked on building consensus among our caucus against tax credits for energy companies — oil, gas, wind, solar — because profitable corporations shouldn’t rely on taxpayer support. They should rely on customers,” Pompeo said in a written statement.

Read the full story:  www.townhall.com

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Wednesday, March 19, 2014

The Hill: "O-Care Premiums To Skyrocket"

March 19, 2014 Elise Viebeck , GOP 0 Comments
By Elise Viebeck, The Hill
Health industry officials say ObamaCare-related premiums will double in some parts of the country, countering claims recently made by the administration.
The expected rate hikes will be announced in the coming months amid an intense election year, when control of the Senate is up for grabs. The sticker shock would likely bolster the GOP’s prospects in November and hamper ObamaCare insurance enrollment efforts in 2015.
The industry complaints come less than a week after Health and Human Services (HHS) Secretary Kathleen Sebelius sought to downplay concerns about rising premiums in the healthcare sector. She told lawmakers rates would increase in 2015 but grow more slowly than in the past. 

“The increases are far less significant than what they were prior to the Affordable Care Act,” the secretary said in testimony before the House Ways and Means Committee.

Her comment baffled insurance officials, who said it runs counter to the industry’s consensus about next year. 

“It’s pretty shortsighted because I think everybody knows that the way the exchange has rolled out … is going to lead to higher costs,” said one senior insurance executive who requested anonymity.
The insurance official, who hails from a populous swing state, said his company expects to triple its rates next year on the ObamaCare exchange. 
The hikes are expected to vary substantially by region, state and carrier. 
Read the full story:  www.thehill.com 
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