Washington, D.C. — House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Producer Price Index showed wholesale prices rising by 4.6 percent from the previous year: “Main Street businesses are still being ...
WASHINGTON, D.C. – House Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Consumer Price Index showed inflation rising 6.0 percent from the previous year -- matching a pre-pandemic high of 30 years -- with prices having risen 14.8 percent since the President took the oath of office: “President Biden can’t ...
While testifying before the Ways and Means Committee on Friday, Treasury Secretary Janet Yellen made a number of remarks that were newsworthy, ranging from how IRS audits will impact the middle class, to her refusal to share details about who will really pay President Biden’s proposed tax hikes. Here are six key moments. Secretary Yellen committed to make public the ...
WASHINGTON, DC – House Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after President Biden released his Fiscal Year 2024 budget that raises taxes on small businesses, ignores imminent Medicare cuts, and hands even more money to the IRS: “Does President Biden even know his policies ...
YUKON, OK - Two days before President Biden releases his budget to the American people, the Ways and Means Committee held its second field hearing in Yukon, Oklahoma to hear directly from working Americans about the state of the American economy in the heartland. Working Oklahomans told the committee they want Congress to focus on lowering taxes to fight inflation, promote ...
Opening Tuesday's field hearing on the State of the American Economy: The Heartland, Chairman Jason Smith (MO-08) delivered the following opening statement: "Welcome to the second field hearing of the Ways and Means ...
WASHINGTON, DC - Rising energy prices, the cost of living crisis, and generous government benefits fueling a labor shortage are the major challenges facing workers and local business owners who testified before the first hearing of the House Committee on Ways and Means held in Petersburg, West Virginia. Chairman Jason Smith (MO-08) convened the hearing Monday on the state of the ...
By Chairman Jason Smith (MO-08) The Hill The past two years have been particularly tough for working families. The price of everyday goods and services has skyrocketed — rising 13.9 percent since President Biden took office — with gas prices up nearly 50 percent. ...
PETERSBURG, WV - Today, at the first hearing of the Ways and Means Committee under a new Republican majority, Chairman Jason Smith (MO-08) spoke about how the Committee and Congress must put the interests of American workers first by hearing directly from Americans about their struggles and their ideas to improve the lives and livelihoods of their families and communities ...
WASHINGTON, DC – At the Organizing Meeting for the House Committee on Ways and Means, Chairman Jason Smith (MO-08) laid out the agenda for the 118th Congress, including tax relief for middle-class families, fighting the inflation hitting family budgets, ending the labor shortage crushing small businesses, promoting trade policies that open markets to American ...