Powerful Ways And Means Committee Chairman Dave Camp To Retire

House Ways and Means Committee Chairman Rep. Dave Camp, R-Mich., the House tax writer, leaves the podium after a news conference on Capitol Hill in Washington, Wednesday, Feb. 26, 2014, where he outlined a major plan... House Ways and Means Committee Chairman Rep. Dave Camp, R-Mich., the House tax writer, leaves the podium after a news conference on Capitol Hill in Washington, Wednesday, Feb. 26, 2014, where he outlined a major plan to rewrite the nation’s tax code. The plan has almost no chance of becoming law this year says Senate Republican leader Mitch McConnell, and even House Speaker John Boehner, R-Ohio, distanced himself from the details earlier in the day. (AP Photo/J. Scott Applewhite) MORE LESS
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House Ways and Means Committee Chairman Dave Camp (R-MI) will retire after his current term in Congress ends.

Camp’s decision on Monday follows longstanding speculation that the chairman of the powerful tax-writing committee would not seek another term.

Here’s his full statement:

Today, I am announcing that I will not seek re-election to the United States House of Representatives. This decision was reached after much consideration and discussion with my family.

Serving in Congress is the great honor of my professional life. I am deeply grateful to the people of the 4th Congressional District for placing their trust in me. Over the years, their unwavering support has been a source of strength, purpose and inspiration.

During the next nine months, I will redouble my efforts to grow our economy and expand opportunity for every American by fixing our broken tax code, permanently solving physician payments for seniors, strengthening the social safety net and finding new markets for U.S. goods and services.

Camp was first elected to Congress in 1990.

Camp’s decision was first reported by Politico on Monday.

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