Head of Council on Competitiveness says foreign counterparts, "Are making fun of the United States now because of our corporate tax structure."
WASHINGTON, DC - The House Energy and Commerce Subcommittee on Commerce, Manufacturing, and Trade, chaired by Rep. Mary Bono Mack (R-CA), Thursday convened a hearing to examine specific steps that can be taken to create new jobs, as well as to bring jobs back to the United States from abroad. Witnesses repeatedly testified that unfair taxes and burdensome regulations are stifling economic growth.
"After a record 20 straight months of unemployment above 9 percent, it's time to finally free American innovation and ingenuity - long held hostage by...
CMS Fails to Provide Medicare/Medicaid Fraud Estimate
WASHINGTON, DC -The House Energy and Commerce Subcommittee on Oversight and Investigations, chaired by Rep. Cliff Stearns (R-FL), today concluded a hearing on waste, fraud, and abuse in Medicare and Medicaid. The amount of fraud in the Medicare and Medicaid programs has risen steadily over the last forty years, in spite of promises from numerous administrations to eliminate such fraud. GAO has continually designated Medicare as a "High Risk" since 1990 and Medicaid since 2003.
During the hearing, an administration witness from the Centers for Medicare and Medicaid...
Energy and Commerce Listens to Governors' Ideas on Medicaid and State Health Reform
WASHINGTON, DC - The House Energy and Commerce Committee, chaired by Rep. Fred Upton (R-MI), today heard from Govs. Haley Barbour (R-MS), Gary Herbert (R-UT), and Deval Patrick (D-MA) as they discussed the impact of the new health care law on Medicaid and state budgets and proposed ideas to allow flexibility for states. Prior to the hearing, the Energy and Commerce Committee and Senate Finance Committee released a report outlining that the law's massive Medicaid expansion will cost states at least $118 billion.
Upton Invites Governors' Ideas
Upton Comments on Noble Deepwater Permit
WASHINGTON, DC - House Energy and Commerce Committee Chairman Fred Upton (R-MI) welcomed today's announcement by the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) that it had issued a permit to Noble Energy to continue work on a well about 70 miles southeast of Venice, Louisiana. Noble started drilling the well four days before the Deepwater Horizon explosion. The permit follows recent news that a well containment system, a key condition for reinstatement of Gulf oil production, is now operational in the Gulf. Upton made the...
Energy & Commerce Leaders Press Energy Dept. on Yucca Mountain, Status of Billions of Taxpayer Dollars Collected for Disbanded Project
WASHINGTON, DC - House Energy and Commerce Committee Chairman Fred Upton (R-MI) and Environment and the Economy Subcommittee Chairman John Shimkus (R-IL) today sent a letter to Energy Secretary Steven Chu seeking answers on the Yucca Mountain nuclear repository. Upton and Shimkus are concerned that despite the scientific community's seal of approval as well as billions of taxpayer dollars collected for the project, the administration inexplicably pulled the plug on the Yucca repository without offering a viable alternative.
In the letter to Energy Secretary Chu, Upton and Shimkus...
Upton, Whitfield on EPA Boiler and Incinerator Rules – "Let's Take the Time to Get This Done Right to Protect Public Health and Jobs"
WASHINGTON, DC - House Energy and Commerce Committee Chairman Fred Upton (R-MI) and Energy and Power Subcommittee Chairman Ed Whitfield (R-KY) today reiterated concerns about efforts by the Environmental Protection Agency (EPA) to finalize boiler and incinerator rules despite the agency's own acknowledgement of a flawed rulemaking process and product. In mid-January, a federal district court denied the EPA's request for a 15-month extension on the final emissions standards for boilers and incinerators - rules that will affect thousands of manufacturing and industrial facilities, small businesses, educational institutions,...
Energy and Commerce Committee Restarts Investigation Into Tainted Heparin
WASHINGTON, DC - Relaunching an inquiry spearheaded by Republicans in the previous Congress but largely ignored by federal officials, members of the House Energy and Commerce Committee today called on the Food and Drug Administration to release documents related to its response to the unsolved case of toxic and sometimes lethal contaminated heparin supplies that were imported from China and given to U.S. patients. In a letter sent to the FDA, Committee Chairman Fred Upton (R-MI), Oversight and Investigations Subcommittee Chairman Cliff Stearns (R-FL), and Health Subcommittee Vice...