Ways and Means Republicans Take Action to Deliver Relief from Obamacare Taxes

By The Ways and Means Committee

Washington, D.C. - December 12, 2017 - (The Ponder News) -- Members of the Ways and Means Committee have introduced several bills to deliver immediate, targeted relief from Obamacare taxes that will be in effect in 2018.

Ways and Means Committee Chairman Kevin Brady (R-TX, 8th) issued the following statement after the Members introduced their legislation:

“Obamacare’s failures are continuing to hurt families across the country – and allowing burdensome health care taxes to continue or go back into effect would make these problems even more severe. As we continue working toward a patient-centered health care system, Ways and Means Republicans are taking action to provide targeted relief from taxes that stand in the way of affordable health care, innovative treatments, access to medications, more jobs, and bigger paychecks for hardworking Americans.

“I appreciate my colleagues for their work on commonsense proposals that will reduce health care costs for families, provide flexibility for employers to offer the plans that are right for their employees, and help American businesses bring jobs back to the United States. I look forward to continuing this work and advancing legislation in the weeks ahead.”

The following bills were introduced:

H.R. 4617, introduced by Reps. Erik Paulsen (R-MN) and Jackie Walorski (R-IN), provides relief from the job and innovation-killing Medical Device Tax for 5 years.

H.R. 4618, introduced by Rep. Lynn Jenkins (R-KS), provides relief for two years from the tax on over-the-counter medications, expanding access and reducing health are costs by once again allowing for reimbursement under consumer-directed accounts.

H.R. 4620, introduced by Rep. Kristi Noem (R-SD), provides relief in 2018 from the Health Insurance Tax that drives up health care costs, if the insurer provides the plan holder with a premium rebate and delays the tax in 2019 for all insurers.

H.R. 4619, introduced by Rep. Carlos Curbelo (R-FL), provides needed relief from the Health Insurance Tax, for 2 years for health care plans regulated by Puerto Rico.

H.R. 4616, introduced by Reps. Devin Nunes (R-CA) and Mike Kelly (R-PA), delivers three years of retroactive relief and one year of prospective relief from the harmful employer mandate paired with a one-year delay of the Cadillac Tax.


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Brady Statement on September 2017 Jobs Report

Source: House Ways and Means Committee

Washington, D.C. - October 9, 2017 - (The Ponder News) -- House Ways and Means Committee Chairman Kevin Brady (R-TX) released the following statement in response to the Labor Department’s September 2017 jobs report:

“It’s clear from this jobs report that Hurricanes Harvey and Irma not only devastated communities in Texas and Florida, they devastated their local economies as well. Record-high flooding, wind gusts, and power outages kept thousands of Americans from going to work and earning a paycheck – money they desperately need to recover from these disasters,

“As Congress and President Trump continue working to help those hurt by recent hurricanes regain their strength, we’re also taking action on transformational tax reform that will grow our economy and help Americans of all walks of life. By passing a budget that paves the way for tax reform, the House took a major step yesterday toward creating more jobs, fairer taxes, and bigger paychecks. In the weeks ahead, the Ways and Means Committee will move forward with pro-growth, pro-middle-class tax reform legislation that Congress will ultimately send to the President’s desk this year, for the first time in 31 years.”

Note: The U.S. Department of Labor reported today that the economy lost 33,000 jobs in September and the unemployment rate was 4.2 percent. The jobs report covers the 50 states and District of Columbia, but not Puerto Rico or the U.S. Virgin Islands.