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APTOPIX Payroll Tax_Live.jpg

Senate Finance Committee Chairman Sen. Max Baucus (left), Montana Democrat, and House Ways and Means Committee Charman Rep. David Camp, Michigan Republican, raise their hands Feb. 16, 2012, on Capitol Hill as the bipartisan House and Senate conferees gather to sign the compromise agreement. (Associated Press)

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Senate Finance Committee Chairman Max Baucus (left) and House Ways and Means Committee Chairman Dave Camp raise their hands Thursday on Capitol Hill. Congressional leaders gathered to sign off on a final deal to extend the payroll-tax cuts through the rest of this year. (Associated Press)

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House Ways and Means Committee Chairman Dave Camp said it looks like a deal will be worked out between President Obama and Capitol Hill Republicans that would allow the three long-stalled trade agreements with South Korea, Colombia and Panama to pass. "I think [members] are distracted with the debt issues," he said. "I think [the trade deals] are passed after the debt limit." (Associated Press)

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20110531-202407-pic-639456572.jpg

Rep. Dave Camp, House Ways and Means Committee chairman, said Tuesday the House vote on raising the nation's debt ceiling "sends a clear and critical message that the Congress has finally recognized we must immediately begin to rein in America's affection for deficit spending." (Associated Press)

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** FILE ** Rep. Sander M. Levin, Michigan Democrat, is chairman of the House Ways and Means Committee. (AP Photo)

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Treasury Secretary James Baker III, left, shares a light moment with House Ways and Means Committee Chairman Dan Rostenkowski of Illinois on Capitol Hill in Washington, Tuesday, Feb. 10, 1987. Baker told the committee that the U.S. trade deficit appears to be leveling off under pressure from a declining dollar and indicated that further falls in the dollar against the Japanese yen may not be desirable. (AP Photo/John Duricka)

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rostenkowski_4589

House Ways and Means Committee Chairman Dan Rostenkowski of Ill., shown during an appearance at the National Press Club Thursday, February 9, 1989, promised to oppose President Bush's proposal to reduce capital gains taxes. (AP Photo/Bob Daugherty)

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** FILE ** Rep. Dan Rostenkowski (right), then-chairman of the House Ways and Means Committee, and Sen. Robert Dole, then-chairman of the Senate Finance Committee, chat outside a hearing room on Capitol Hill in Washington in 1982. (AP Photo/John Duricka)

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**FILE** The acting Chairman of the House Ways and Means Committee Rep. Sander Levin, D-Mich., leaves the committee office on Capitol Hill on March 4, 2010. (Associated Press)