
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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Smith Praises Trump Administration for Delivering Updated Social Security Benefits to Seniors Ahead of Schedule
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Trump Administration announced…
July 15, 2025Rep. Kelly Op-Ed: One Big Beautiful Bill a Gamechanger for Western Pa.
By Rep. Mike Kelly (PA-16)Pittsburgh Tribune-Review Last week, Congress passed, and President Trump signed, the One Big Beautiful Bill Act…
July 15, 2025The One, Big, Beautiful Bill Is Answer for Inflation Sticker Shock
WASHINGTON, D.C. – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Bureau of Labor Statistics…
July 14, 2025Rep. Buchanan Op-Ed: The ‘One Big, Beautiful Bill’ Is Delivering on Republican Promises
By: Rep. Vern Buchanan (FL-16)The Hill Seventy-seven million Americans voted for President Trump and a Republican majority to cut taxes,…
July 10, 2025Big Beautiful Success Story: Opportunity Zone Improvements in The One, Big, Beautiful Bill Focus on Rural Areas and “Helps Increase Transparency” in Program
WASHINGTON, D.C. – Improvements to the Opportunity Zone (OZ) program, which encourages greater investment in distressed communities, will result in more…
July 9, 2025Big Beautiful Success Story: Tax Cut Permanence Means Greater Investment in America’s Economy
WASHINGTON, D.C. – After years of uncertainty about expiring tax provisions, American manufacturers and workers are celebrating the stability and certainty provided…
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Our @HouseGOP reconciliation law delivers major tax relief to working Ohioans and sets communities up for success thanks to work done by the @WaysandMeansGOP!
Investing in crypto shouldn’t be punished because of confusion in the tax code. Clarity and certainty are needed now to make way for more American innovation, investment, and leadership in the future.
At this week’s @WaysandMeansGOP hearing, I called for clear rules on staking…
Small businesses are the backbone of our economy.
Before Congress, I built two companies from the ground up. Those experiences drive everything I do in Congress. I will always support small businesses and work to create the same opportunities I once had as an entrepreneur.
“The current tax treatment of digital assets is complex; it’s burdensome; and it’s costly.”
During today’s Committee hearing on digital asset policy, I heard how the United States needs to act to ensure we are the crypto capital of the world.
More tax certainty will encourage growth and investment in the crypto economy, creating good-paying jobs for Americans. ...
The United States cannot let the crypto market slip out of our hands like we did the chips market.
America needs to develop competitive digital asset policy that incentivizes innovation. The world is watching what we do. ...
Growth in the crypto market requires complimentary tax reform that keeps our tax code competitive and incentivizes crypto innovators to do business in America.
If not, the United States risks losing out on the crypto market and economic growth in the process. ...
The One, Big, Beautiful Bill will unleash an economic Golden Age.
The same naysayers that underestimated revenues from the 2017 Trump tax cuts by $1.7 trillion, are basing their estimates for this bill off of a growth rate that is a whole percentage point lower than the 50 year average. ...
On July 4th, President Trump signed The One, Big, Beautiful Bill into law.
Farmers, welders, waitresses, nurses, line workers, and truck drivers across this country will have more money to put food on their tables and provide for their families thanks to this One, Big, Beautiful Bill. ...
“The One, Big, Beautiful Bill represents the biggest tax cut for working families, farmers, and small businesses in American history.” - Chairman Jason Smith ...