Ways and Means Committee


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Ways and Means Committee

1. A committee in the U.S. House of Representatives that recommends measures to raise funds for budgets. As such, taxation and tariff bills are referred to the Committee. It is considered one of the most powerful committees in the House.

2. A former Committee of the British House of Commons that performed much the same function. It was abolished in 1967.
References in periodicals archive ?
I've asked witnesses for the Ways and Means Committee, "What would you give not to deal with the IRS every year?
House Ways and Means Committee Chairman Bill Thomas is likely soon to reintroduce his comprehensive international tax reform legislation, which repeals the FSC/ETI.
Before this report is issued, however, the ITC must work with the House Ways and Means Committee as well as the respective parties requesting the Section 332 investigation to ensure the proper focus for the study.
The Ways and Means Committee has oversight on tax issues, trade, health and Social Security.
Another key difference is that while Senator Roth's Medicare package was expected to address larger Medicare reforms, Representative Thomas planned to limit his bill to BBA corrections, according to Greg Crist, a spokesman for the House Ways and Means Committee.
A portrait of near apoplexy, the veins in his red nose seeming about to pop, 75-year-old Florida Democrat Sam Gibbons glared from the dais of the House Ways and Means Committee.
Israeloff, chair of the American Institute of CPAs board of directors, told members of the House Ways and Means Committee that the workload compression problem for CPAs was "the equivalent of scaling Mount Everest the first four months of the year and trekking through Death Valley the rest.
The House Ways and Means Committee has bypassed President Clinton's plan for regional purchasing cooperatives.
Nevertheless, IRS bureaucrats conveyed their resistance to friendly staffers on the House Ways and Means Committee.
President Clinton's tax bill, which was improved upon by the House Ways and Means Committee, is a balanced package that includes constructive provisions for both residential and commercial real estate and recognizes the needs of small business operators and self-employed persons, Chee said.
Rangel holds fourth place on the Ways and Means Committee, which writes all congressional revenue measures; and William L.
Roper, MD, of the Centers for Disease Control cautioned in testimony before the House Ways and Means Committee on April 16, 1991, that "simplistic comparison of health statistics [between nations] can be extremely misleading.