
Ways & Means History
The Committee on Ways and Means, the oldest tax-writing body in the U.S. House of Representatives since 1789, shapes fiscal legislation including taxes, tariffs, and social service programs. Its notable influence is underscored by numerous members who have risen to prominent national offices, including Presidents and Supreme Court Justices.
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The One, Big, Beautiful Bill Ends the Inflation Act’s Welfare for the Wealthy, Big Banks, Billion-Dollar Companies, & China
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement ahead of Saturday’s three-year anniversary of…
August 14, 2025Big, Beautiful Success Story: Small Business Optimism Hits Fresh High After 20 Percent Tax Deduction Becomes Permanent
WASHINGTON, D.C. – On the heels of The One, Big, Beautiful Bill becoming law on the Fourth of July, small business…
August 14, 2025Smith Statement on the 90th Anniversary of Social Security
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement marking the 90th anniversary of…
August 13, 2025Chairman Smith, Rep. Feenstra Op-Ed: Americans have been liberated from high taxes
By: Ways & Means Committee Chairman Jason Smith (MO-08) and Rep. Randy Feenstra (IA-04)Cedar Rapids Gazette On Independence Day, as…
August 13, 2025Big, Beautiful Success Story: American Businesses Planning Investments, Equipment Purchases Because of Permanent Pro-Growth Tax Policy
WASHINGTON, D.C. – A mere month after President Trump signed The One, Big, Beautiful Bill into law, American job creators are…
August 12, 2025Chairman Smith: Six Months In, Workers Have Bigger Paychecks
“It’s not just rising real incomes; lower prices at the grocery store and gas pump are giving families more breathing…
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.@POTUS promised to protect Social Security for over 72 million Americans and he is delivering.
Thanks to @HouseGOP's “One Big, Beautiful Bill,” 88% of Social Security recipients will no longer pay federal tax on their benefits.
As Chairman of @WaysandMeansGOP Social Security Subcommittee, I’ve worked to protect & strengthen Social Security.
The 90th anniversary of Social Security, w/ the implementation of the One Big, Beautiful Bill, will free seniors from unfair taxes on their hard-earned benefits.
The One Big Beautiful Bill is full of provisions that help working American families, and one of the things I’m most proud of is the expansion of Health Savings Accounts (HSAs). This will give families more flexibility and direct control over their healthcare dollars.
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The Ways and Means Committee traveled to Las Vegas, Nevada where we heard directly from Americans about how The One, Big, Beautiful Bill delivers historic pro-worker tax relief. ...
American manufacturers and small businesses had to spend time preparing for the possibility that the 2017 Trump tax cuts might expire and were waiting to see what would happen in order to plan for the future.
Thanks to the decision by President Trump and Republicans to act quickly on extending and making permanent that tax relief, The One, Big, Beautiful Bill ensures American job creators don’t have to worry about a looming tax hike and they can plan for the future today. ...
The One, Big, Beautiful Bill delivers historic pro-growth tax policy for American manufacturers.
This bill cements R&D expensing, which will allow American manufacturers to better compete in global markets against nations like China. ...
When small businesses get to keep more of their hard-earned profits, they’re able to invest in their business, employees, and equipment.
The One, Big, Beautiful Bill cuts taxes for small businesses and cements deductions, like the 199A deduction, which will allow small businesses to grow, invest, and hire. ...
Our economy is better off when our tax policies embolden businesses to grow, invest in their employees, and manufacture here in America.
The One, Big, Beautiful Bill does this and will unlock American economic greatness. ...
The One, Big, Beautiful Bill provides family farms across the country with a PERMANENT Death Tax exemption.
This will give farmers and ranchers the certainty they need to invest in today’s equipment to secure tomorrow’s harvest and keep those family farms in the family. ...