Articles

FOR IMMEDIATE RELEASE - October 12, 2011 / October 12, 2011): Congressman Richard E. Neal, Ranking Member of the House Ways and Means Select Revenue Subcommittee, and Senator Menendez (D-NJ), member of the Senate Finance Committee, today introduced bills in both the House and Senate to close an unintended tax loophole that costs taxpayers billions of dollars and provides foreign-owned… Read more »

Click here to download the technical explanation of the bill. Congressman Richard E. Neal, Ranking Member of the Subcommittee on Select Revenue Measures, introduced a bill today in the U.S. House of Representatives that would close the reinsurance tax loophole. The following is a transcript of his floor statement. Mr. Speaker, today I am pleased to come before the House to … Read more »

By RICHARD E. NEAL | D-Springfield, 2nd Congressional District, U.S. Representative and JOHN KERRY | D-Mass., senior U.S. Senator Together, we’ve represented Springfield and Western Massachusetts in Congress for a combined 48 years. In all those years, we’ve never seen anything in Massachusetts that equaled the devastation from the tornadoes which ripped across… Read more »

{mp4}ren_floor_speech_afternoon_july_28{/mp4} Read more »

Part 1{mp4}ren_july_28_morning_floor_speech_part_1{/mp4} Part 2{mp4}ren_july_28_morning_floor_speech_part_2{/mp4} Read more »

June 23, 2011 Mr. Chairman, thank you for calling this important hearing today.  Our committee has been examining the impact of tax reform on U.S. multinational companies.  I'm pleased to now shift gears and focus on the equally important topic of the taxation of foreign-owned companies operating in the United States.  In order to remain competitive in a global… Read more »

By REP. RICHARD E. NEAL SPRINGFIELD - In April, House Majority Leader Eric Cantor asked on the floor for a discussion about how we got to where we are today. I think that is an excellent question. The success of the 1993 deficit reduction act, which was vehemently opposed by Cantor's GOP, led to a decade of prosperity and surplus. President Clinton balanced the budget for the… Read more »

"I welcome the passage this week of UN Security Council Resolution 1973 implementing a no-fly zone over parts of Libya. I also support the establishment of an international coalition, working together with the Arab League, to prevent further atrocities from happening in flashpoints like Benghazi. It is clear that Col. Khadafy and his regime were not going to stop the campaign of… Read more »

March 3, 2011 Ways and Means Subcommittee on Select Revenue Measures Ranking Member Richard E. Neal (D-MA) delivered the following statement today at a Subcommittee hearing on small businesses and tax reform: “Mr. Chairman, thank you for calling this hearing today, which I hope will be the first of many on the topic of tax reform. Earlier, I commented on how this… Read more »

SMALL BUSINESS JOBS ACT OF 2010 -- (House of Representatives - September 23, 2010) Mr. NEAL. I thank the gentleman. Madam Speaker, I stand in support of this small business jobs bill. There is no cute title for this bill. It's simply about small businesses and jobs. It injects funding into small businesses in two ways. First it does through the creation of a $30 billion … Read more »