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Camp Says Obama Did Not Provide 'Coherent Plan for Tax Reform'

JAN. 24, 2012

Camp Says Obama Did Not Provide 'Coherent Plan for Tax Reform'

DATED JAN. 24, 2012
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January 24, 2012

 

 

Washington, DC -- Ways and Means Committee Chairman Dave Camp (R-MI) made the following statement on Tuesday evening in response to President Obama's State of the Union address:

"Instead of focusing on tax reform that can create jobs, the President spent his time talking about how he intends to take more money away from employers, investors and savers in order to create new carve-outs for the few industries and projects favored by his administration. That is nothing more than the usual Washington game that has led to a tax code already littered with lobbyist loopholes. Washington needs to get out of this game of picking winners and losers and instead treat all Americans and employers fairly. At the end of the night, there was still no coherent plan for tax reform that will create a stronger and growing economy with more jobs for American families.

"Equally disappointing was the President's short shrift to Medicare and Social Security, two critical programs that are already going broke and without reform will leave our nation's seniors in jeopardy. He spoke as much about Warren Buffett tonight as he did about Medicare and Social Security."

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