“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 ...
“Passing the Tax Relief for American Families and Workers Act would vastly improve Republicans’ bargaining position going into the fight over the future of the Trump tax cuts.” WASHINGTON, D.C. – Congress can more successfully build ...
WASHINGTON, D.C. – Reports indicate that individuals associated with organizations enjoying generous tax benefits under the U.S. tax code have direct ties to and may be under the influence of America’s foreign adversaries – including China.
WASHINGTON, D.C. – Today, Ways and Means Committee Chairman Jason Smith (MO-08) and Tax Subcommittee Chairman Mike Kelly (PA-16) announced the formation of ten Committee Tax Teams, comprised of Ways and Means Republican members, to study key tax provisions from the 2017 Trump tax cuts that are set to expire in 2025 and identify legislative ...
"Seniors could lose access to 280,000 nursing home beds, forcing older Americans to pick up and move to nursing homes far from friends and family, if they are lucky enough to find an open spot" WASHINGTON, D.C. - House Ways and Means ...