Statement on President Biden’s Mortgage Worsening Tax Credit
March 10, 2024 — Bidenflation
The Ways and Means Committee has sole jurisdiction in the United States to originate federal tax legislation. This includes taxation of individuals, families, small businesses, corporations, and non-profit entities.
The jurisdiction of the Subcommittee on Tax Policy consists of tax measures that are referred to the Subcommittee by the Chairman of the full Committee.