Washington, D.C. – House Committee on Ways and Means Chairman Jason Smith (MO-08) announced that the Committee will hold a hearing on the significance of making permanent the Trump Tax Cuts for America’s working families and Small Businesses on Tuesday, January 14 at 10:00 AM.

Chairman Smith issued the following statement:

“For the past two years the Ways and Means Committee has been hard at work to extend and build on the success of President Trump’s tax cuts – the most significant tax relief legislation in a generation that unleashed America’s potential and created the best economy of my lifetime. Tuesday’s hearing will highlight the success of – and the need to immediately make permanent – the Trump tax cuts that helped working-class families, small businesses, and farmers, grew the U.S. economy at a full percentage point higher than the previous 10-year average and beat economist forecasts. We achieved record 50-year low levels of poverty and unemployment and restored American manufacturing. American families and small businesses need certainty that they will not be hit with a $4.6 trillion tax increase at the end of this year. Without action, workers paychecks one year from today will look drastically different as they fork over even more to Uncle Sam.”

The Details:

What: Ways and Means Committee Hearing on “The Need to Make Permanent the Trump Tax Cuts for Working Families”

When: The hearing will take place immediately following the Committee’s Organizational Meeting, to be held on Tuesday, January 14, 2025, at 10:00 AM

Where: 1100 Longworth House Office Building

The hearing will be livestreamed on the Committee’s YouTube page.

Note: All Committee advisories and news releases are available on the Committee website at http://www.waysandmeans.house.gov/. Sign up for these emails here.