House Republicans elect panel leaders

Budget Committee Chairman Paul Ryan (R-WI) walks from a Republican caucus meeting at the Capitol in Washington(Reuters) – Republicans in the U.S. House of Representatives on Wednesday confirmed the committee heads whom party leaders selected for the two-year congressional session beginning in January. Wisconsin Representative Paul Ryan was tapped to chair the Committee on Ways and Means, which oversees funding the U.S. government funding through taxes, and programs such as Social Security and Medicare. “We have a lot of work to do to get our economy back on track, and the Ways and Means Committee will be at the forefront of reform,” Ryan said in a statement. …

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