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NEWS ABOUT: House Ways and Means Committee

Senate Screw Up Derails Food Safety Bill

House set to send the bill back

(Newser) - House Democrats plan to spike the food safety bill their Senate counterparts trumpeted about passing yesterday , arguing that the upper chamber has stepped on its constitutional authority to create new taxes. The Senate bill includes a set of fees that are classified as revenue raisers, which are technically considered taxes,... More »

Ex-Congressman Dan Rostenkowski Dead

Chaired tax committee but got ensnared in scandal

(AP) - Former Rep. Dan Rostenkowski, the Chicago Democrat who became the leading architect of congressional tax policy in the Reagan era but later went to federal prison for corruption, died today at age 82. As House Ways and Means Committee chairman, Rostenkowski was known as a consensus builder and a master... More »

Charlie Rangel's Replacement Booted, Too

Other Democrats balked at loose-lipped Pete Stark taking over

(Newser) - The House Ways and Means Committee ousted its second chairman in as many days today, when Nancy Pelosi announced Sandy Levin as its new acting chairman. When Charles Rangel stepped down from the chairman job yesterday, Pelosi picked the committee’s senior Democrat Pete Stark to take over, the Hill... More »

Rangel Steps Down From Tax Committee

Democrats weren't willing to defend him after latest ethics lapse

(Newser) - Charles Rangel is temporarily stepping down from his post atop the House’s powerful Ways and Means Committee, in the wake of yet another ethics scandal, the New York Democrat announced today. Rangel says he’s asked for a “leave of absence” until the House Ethics Committee finishes looking... More »

Rangel Denies He's Giving Up Chairmanship

NBC says he'll leave post; move is temporary, ABC claims

(Newser) - Congressman Charles Rangel tonight denied a report that he is giving up his chairmanship of the powerful House Ways and Means Committee—though he wouldn’t, in speaking to Politico , rule out doing so in the future. “I can’t make all those promises at my age,” said... More »

Rangel: I'm Not Guilty, Just Been 'Admonished'

Rep. denies ethics panel finds he broke travel rules

(Newser) - Though House ethics committee sources say Ways and Means Committee Chairman Charles Rangel knowingly accepted Caribbean trips in violation of House rules that forbid hidden financing by corporations, the New York congressman tells Politico tonight he’s merely being “admonished” by the committee. I’m satisfied that when you... More »

Dems Block Move to Oust Rangel From Tax Post

GOP keeps his ethics trouble in spotlight

(AP) - House Republicans failed today for a third time to oust Charles Rangel as chairman of the Ways and Means Committee—but they kept the spotlight on his ethical problems. Instead of removing him, the House voted 246-153 along mostly partisan lines to refer the GOP resolution to the House ethics... More »

13 Bailed-Out Banks Owe Back Taxes

Lawmaker uncovers total of at least $220M in unpaid bills

(Newser) - At least 13 of the firms that got billions of dollars from the federal government owe back taxes, and their tab exceeds $220 million, Rep. John Lewis said today. What's more, that could be just the tip of the iceberg, the AP reports. The House Ways and Means subcommittee, which... More »

Top Dem Dogs Ready to Retool Obama's Budget

Prez lets lawmakers take the lead—and they have their own ideas

(Newser) - To clear Congress, President Obama’s budget is going to have to survive committee turf wars and parochial interests—and that’s just the Democrats. The New York Times reports that key committee chairmen in the House and Senate have ideas of their own on health care, energy, and taxes.... More »

Rangel Inquiry Expands to Donor Concerns

Rep. faces allegations he fought tax loophole in funding tradeoff

(Newser) - A House ethics committee broadened its probe into Charles Rangel over concerns the New York Democrat fought a tax loophole in exchange for a $1 million donation to his policy institute. The subcommittee has been investigating Rangel’s personal finances since September over several other corruption allegations; now, it looks... More »

Rangel Won't Step Down From Tax Panel

Says Pelosi in favor of him staying as chair of Ways and Means

(Newser) - New York Rep. Charles Rangel will remain in his post as chairman of the House Ways and Means Committee while an ethics investigation takes place, the New York Times reports. House Speaker Nancy Pelosi supports the move, said his attorney, and Rangel "believes that the facts should prevail, not... More »

Pelosi Asks Rangel to Step Down as Tax Panel Chair

Tax committee boss dogged by questions over own returns

(Newser) - House Speaker Nancy Pelosi has privately asked New York Rep. Charles Rangel to step down as chairman of the House Ways and Means Committee after it emerged that his personal tax filings neglected to report income from a rental property for some 20 years, says a source to the New ... More »

'Language Barrier', Not Tax Evasion: Rangel

Powerful congressman sorry for screw-up

(Newser) - Rep. Charles Rangel blamed his failure to pay taxes on his rental income from a Caribbean villa to “cultural and language barriers,” reports the New York Times. “Every time I thought I was getting somewhere, they’d start speaking Spanish,” Rangel said of his attempts to... More »

Rangel Didn't Pay Taxes on Dominican Villa

Chief of tax-writing panel fails to report $75,000 in income

(Newser) - Rep. Charles Rangel, chairman of the tax-code-writing Ways and Means Committee, failed to report more than $75,000 in rental income from a Dominican villa he purchased in 1988, the New York Times reports. But Rangel never noticed the error, his lawyer says, because his wife handles his finances. “... More »

Rangel Denied Chance to Speak in Denver

Clinton ally sees it as snub

(Newser) - Charles Rangel won’t be speaking at the Democratic National Convention, Politico reports. Representatives made a pitch for an address by the House Ways and Means Chairman, but the Obama campaign told them that Rangel’s early support for Hillary Clinton had given him low priority—even though the congressman... More »

Rangel's Fundraising for 'Me' Monument Questioned

Solicits cash from firms linked to his panel

(Newser) - New York Rep. Charles Rangel has raised eyebrows with fundraising efforts for a new center Republicans labeled his “Monument to Me.” After securing a $1.9 congressional earmark, Rangel is soliciting money from firms affected by his House Ways and Means Committee to build the Charles B. Rangel... More »

Blackstone Lobbying Backfires

Private equity firms ‘overreach’ with claim they help the poor

(Newser) - Private equity firms launched their first coordinated effort at lobbying this year—and overshot by a long stretch, Bloomberg reports. Blackstone and 11 other firms joined hands to fight a tax hike on carried interest—fund managers' share of profits—and have gone so far as to argue that the... More »

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