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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Chairman Smith Slams SCOTUS Decision on IEEPA
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Supreme Court of…
February 19, 2026Chairman Smith: Taxpayers Benefit from No Tax on Auto Loan Interest for Made-in-America Cars
WASHINGTON, D.C. – With a new economic boom resulting from the Working Families Tax Cuts, American workers and families will be…
February 19, 2026Big, Beautiful Success Story: Taxpayers Benefitting Right Now From $220 Billion Income Tax Reduction
WASHINGTON, D.C. – As the tax filing season continues, taxpayers will see how the Working Families Tax Cuts boost tax refunds…
February 13, 2026Chairman Smith: Working Families Tax Cuts Delivers Extra Tax Relief for Seniors
WASHINGTON, D.C. – With tax filing season underway, seniors 65 and over are seeing an extra tax deduction just for them…
February 13, 2026Chairman Smith: More Fairness for American Farmers, Ranchers, and Innovators in New Reciprocal Trade Agreement with Taiwan
WASHINGTON, D.C. – American farmers, ranchers, and innovators will be getting fairer treatment and America’s competitive edge against China will be…
February 13, 2026House Passes Ways and Means Legislation to Provide Better Access to Life-Saving Tools for Law Enforcement
Ways and Means Committee legislation led by Congressman David Schweikert (AZ-01) to modernize the tax treatment of less-than-lethal public-safety tools…
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The Working Families Tax Cuts included transformational investment in rural health, we secured $209 million for Iowa’s rural hospitals in just the first year.
This strengthens access to high-quality, affordable care for Iowans across the state.
Farmers will see immediate expensing and a 100% bonus depreciation through the Working Families Tax Cuts.
This will allow farmers to fully deduct the cost of new equipment, machinery, and infrastructure in the year they are purchased.
I will continue working with @POTUS to put
Small businesses are the backbone of our economy.
@HouseGOP’s Working Families Tax Cuts made the small business deduction permanent and restored 100% immediate expensing—giving entrepreneurs the certainty they need to grow, hire and compete.
waysandmeansgop
ICYMI: The Ways and Means Committee traveled to the Ronald Reagan Presidential Library in Simi Valley, California where we heard from farmers, small business owners, and manufacturers about how the pro-growth tax cuts in The One, Big, Beautiful Bill will unleash American economic greatness and deliver prosperity to the working class. ...
Today, the Committee passed several bills aimed at improving the lives of Americans by protecting patients, families, seniors, and taxpayers. ...
80% of tax-exempt hospitals are spending less on charity care and other critical health care priorities than they receive from their generous tax breaks. Rather than investing this money into patient care, they are using those benefits on non-health care activities like virtue signaling, renaming stadiums, or green energy initiatives.
Tax-exempt status was created for organizations that give back to their communities, not spread a woke agenda. ...
Tax-exempt hospitals receive special tax benefits because they have a mission to provide vital care to patients.
More transparency from these hospitals is needed so that taxpayers know what services they are actually providing and why they deserve to receive special tax treatment. ...
The data is clear. Many tax-exempt hospitals, that receive generous tax benefits, take more from the taxpayers than they invest back into the health care mission in their communities, and it isn’t close.
Many tax-exempt hospitals have strayed from their health care mission in favor of non-health care activities, including virtue signaling to woke causes. ...
When the system of benefits serving those with disabilities is overly complex, it can be a disservice to both someone looking for a new job or someone looking to hire or promote an employee.
Providing employers with knowledge and the ability to better navigate the system would benefit both them and those Americans with disabilities who are interested in pursing a new job, new career, or promotion. ...