Michigan Republican Dave Camp is the chairman-elect of the House Committee on Ways and Means. Camp released a statement saying it is a great honor to be selected as chairman:
"Our nation is at a crossroads – facing record debt and an unemployment rate stuck at nearly 10 percent. The decisions we make and the policies we put forward will determine whether or not we get this economy back on track and Americans back to work."
The committee has jurisdiction over revenue for the U.S. government (taxes) and "other related issues" - things like unemployment benefits, tariffs, trade agreements, Social Security, and Medicare.
Camp will take over the committee from another Michigander, Democrat Sander Levin.