WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Bureau of Labor Statistics released its latest jobs report, showing the economy created 73,000 new jobs last month:
“This week, we saw how the Trump economy is firing on all cylinders: strong economic growth, better trade deals, wages outpacing price increases, tamed inflation, and now, a job market that keeps going. Unlike during the Biden Administration, when taxpayers were forced to pay for millions of new bureaucrats while watching their grocery and gas bills skyrocket, President Trump’s economy is freeing the private sector to create new jobs with more financial security for American families. Small businesses and job creators can be confident and invest in the future because they finally have a President who is fighting for Main Street and putting America’s economic interests first. The One, Big, Beautiful Bill gives permanent tax relief to small businesses, manufacturers, and farmers to save and protect 7 million American jobs, incentivize the construction of new factories and facilities in the U.S., and boost wages.”