WASHINGTON, DC – As part of its “welfare for the wealthy” agenda that will shower high earners and corporations with taxpayer handouts, the Biden Administration unveiled a regulatory proposal Friday on critical mineral and battery component requirements for the $7,500 electric vehicle tax credit in the so-called Inflation Reduction Act. The proposal fails to counter China’s ...
WASHINGTON, DC – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement on February’s personal consumption expenditures (PCE) report from the Bureau of Economic Analysis (BEA)--the Federal Reserve’s preferred measure of inflation–that shows prices remain 5 percent higher than one year ago:
WASHINGTON, DC – On Wednesday, the House Committee on Ways and Means Subcommittee on Work and Welfare held a hearing to discuss the United States’ broken welfare system, specifically looking at the Temporary Assistance for Needy Families (TANF) program and ways to provide more opportunities for individuals to experience the dignity of work and build a more prosperous future ...
