WASHINGTON, D.C. – On Friday the Biden Administration issued final regulations on the electric vehicle (EV) tax credits included in the Democrats’ so-called Inflation Reduction Act (IRA), doubling down on their desire to allow Chinese billionaires and EV manufacturers with ties to the Chinese Communist Party to continue ...
WASHINGTON, D.C. – Under the Republican majority, the Ways and Means Committee has been laser-focused on helping small businesses survive in the bad Biden economy. The Tax ...
“Americans with jobs still struggle to afford to put food on their table and gas in their car.” WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Bureau of Labor ...
WASHINGTON, D.C. – President Biden’s plan to enact the highest tax increase in American history is completely backwards and will hurt workers, families, farmers, and small businesses already reeling from “Bidenomics,” warned Ways and Means Republicans in a hearing with Treasury Secretary Janet Yellen. The President’s proposed budget breaks ...
“Interest rates remain at the highest level in 23 years, and are not falling as projected, because ‘Bidenflation’ has a stranglehold on the economy.” WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) ...
"Instead of allowing families hit by these high prices to keep more of their hard-earned money, President Biden wants the highest tax increase on families and small businesses in American history." As prepared for delivery.
"Congress should pass this legislation to protect America's national security and economic interests." As prepared for delivery. "Mr. Speaker,
WASHINGTON, D.C. – Legislation modernizing United States trade programs that recently passed the Ways and Means Committee would help counter China’s growing aggression and influence, open markets ...
“President Biden’s recipe of outlandish spending and higher taxes is robbing the American people and hurting the economy.” WASHINGTON, D.C. – House Ways and Means Committee Chairman Jason Smith (MO-08) released ...
WASHINGTON, D.C. – Falling far short of expectations, America’s economy grew by just 1.6 percent in the first quarter of 2024, according to a new Gross Domestic Product (GDP) estimate from the Bureau of Economic Analysis. The report also showed bad news for those hoping for relief from high prices and high interest rates: The personal consumption ...