Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after President Trump’s joint address to Congress:
“President Trump’s leadership is a blueprint for prosperity that rewards hard work, unleashes opportunity, and puts America first. We know this because the policies of President Trump’s first Administration produced the best economy in a generation. Unfortunately, these last four years Americans have seen their hard work undermined by runaway inflation that has slashed their wages and eaten into their savings. That’s why House Republicans passed a budget resolution that carves a path to ushering in a new golden age of prosperity for farmers, families, workers, and small businesses with the largest tax relief in history alongside a secure border, deregulation, and American made energy. President Trump also reaffirmed his pledge to eliminate taxes on tips, overtime pay, and seniors’ Social Security benefits which will help millions of working-class Americans turn the page on the Biden economy that punished working men and women for trying to get ahead. By immediately starting pro-growth tax policies, Republicans will ensure a stronger economy, more opportunity, and a better future for all Americans for generations to come.
“President Trump’s America First trade policies have already delivered results, and tonight, he reaffirmed his commitment to keeping our economy strong and competitive. President Trump and House Republicans will use every tool at our disposal to bring jobs back, eliminate unfair foreign barriers to American exports, rebuild our industries, and ensure American workers – not foreign competitors – get the best shot at success.
“President Trump is putting words to action by putting money back in the pockets of the people who built this country – the working men and women of America who were abandoned by Democrats’ policies. The Ways and Means Committee is laser-focused on delivering on all of President Trump’s tax priorities that will reignite our economy and show the American people that our country’s best days lie ahead.”