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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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.@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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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.
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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.
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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.
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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.
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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.
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