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Ways And Means Committee

Published on Dec 23, 2015

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PRESENTATION OUTLINE

WAYS AND MEANS COMMITTEE

SIZE OF THE COMMITTEE

  • The committee membership is composed of 39 members
  • 23 Republicans
  • 16 Democrats

The Leadership:
-The chairman of the committee is Dave Camp, a Republican from Michigan.
- He is one of the most influential policy makers in Washington D.C., helping set the nation's economic, health care and social welfare policies.
-He is recognized for "decisive breakthrough" on significant legislation since his first day in Congress.
-Camp's top priority is serving his constituents.

The Leadership (cont.):
- Sander M. Levin is the ranking member, a Democrat from Michigan.
- Assistant Administrator in the United States Agency for International Development (USAID).
- As Ranking Member of the full Ways and Means Committee, Rep. Levin continues to fight to preserve Social Security so that seniors and people with permanent disabilities can receive the benefits they deserve.

The Purpose, Jurisdiction of the committee
- The Ways and Means committee is a government body in charged with reviewing and making government recommendations for government budgets.
-One of the most powerful committees in the U.S. House of Representatives.

Subcommittees:
-Subcommittee on Trade
(13 members) Rep. Devin Nunes, CA, Chairman

Subcommittee on Social Security (10 members)
Rep. Sam Johnson, TX, Chairman

Subcommittee on select Revenue measures (10 members)
Rep. Pat Tiberi, OH, Chairman

Legislation:
December 10, 2014
-Rep. Dave Camp (R-MI), Chairman of the House Ways and Means Committee, and Rep. Ed Royce (R-CA), Chairman of the House Foreign Affairs Committee, introduced H.R. 5825, the No Healthcare Subsidies for Foreign Diplomats Act, legislation to prevent foreign diplomats from receiving subsidized health coverage under the Affordable Care Act (ACA).

Legislation (cont.):
December 11, 2014
-Ways and Means Committee Chairman Dave Camp (R-MI) officially introduced H.R. 1, the ​Tax Reform Act of 2014​. This proposal formalizes the tax reform discussion draft released on February 26, 2014, without modifications.

Hearings:
- The last hearing occurred on September 17, 2014 10:15am
- Focus: The hearing will focus on some of the challenges facing employers, employees, amd retirees who rely on defined benefit pension plans to help provide retirement society. It will examine the funding rules governing multiemployer plans, as well as selected issues that affect single employer plans.

Hearings (cont.):
-Witness list:
Deborah Tully
Director of Compensation and benefits finance and accounting analysis, Raytheon

R. Dale Hall
Managing director of research, society of actuaries

Scott Henderson
V.P. Of Pension investment and strategy, Kroger Co.

Hearings (cont.):
-Witness list (cont.):
Jeremy Gold
FSA, MAAA, Jeremy Gold Pensions

Diane Oakley
Executive Director, National Institute on Retirement Security

Hearings II:
-Chairman Brady announces hearing on the status of the affordable care act implementation
- Focus: The hearing will focus on the status of the Obama Administrations implementation and oversight of the Affordable care act

Hearing II (cont.)
- Witness List:
The Honorable, John Koskinen
Commissioner, Internal Revenue Service

Mr. Andy Slavitt
Principal deputy administrator, centers for medicare and medicaid services, department of health and humani services