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Today, Ways and Means Committee Chairman Jason Smith (MO-08) delivered the following remarks at a hearing with Treasury Secretary Scott…
Read More (Chairman Smith at Secretary Bessent Hearing: President’s Economic Agenda Igniting New Era of Prosperity)Under The One, Big, Beautiful Bill every newborn baby will receive $1,000 in an investment account to help support that…
Read More (Trump Accounts Provide Greater Financial Security for the Next Generation of Americans, Just Like Their Namesake)WASHINGTON, D.C. – An Ohio court is attempting to force U.S. taxpayers to retroactively pay nearly $1 billion in four…
Read More (Ways and Means Members Call on Labor Department to Prevent Retroactive Pandemic Unemployment Payments)Reconciliation bill renews immediate expensing for R&D, 100% immediate expensing for equipment and machinery, and interest deductibility, incentivizes construction of…
Read More (The One, Big, Beautiful Bill: Made in America Becomes the Norm, Not a Novelty)WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Bureau of Labor Statistics…
Read More (Smith: The One, Big, Beautiful Bill Will Create Millions of New Jobs in America)WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) urged swift action on The One, Big, Beautiful Bill to…
Read More (ICYMI: Chairman Smith on Mornings with Maria: “It’s Go Time.”)WASHINGTON, D.C. – The One, Big, Beautiful Bill repeals a burdensome tax reporting requirement perpetrated by Democrats during their reign…
Read More (The One, Big, Beautiful Bill Eliminates Democrats’ Onerous IRS Reporting Requirement for Third-Party Apps, Gig Workers)WASHINGTON, D.C. – On day one of his new administration, President Trump signed an executive order fighting back against unfair taxes…
Read More (The One, Big, Beautiful Bill Fights Back Against Unfair Taxation by Foreign Governments)Washington, D.C. – Extending the Trump tax cuts will be a critical lifeline to American farmers, whose livelihoods rely on provisions…
Read More (American Farmers Benefit from The One, Big, Beautiful Bill )“The One, Big, Beautiful Bill will give the average family a $1,300 tax cut from their current taxes to help…
Read More (Smith: The One, Big, Beautiful Bill Puts Money in Workers’ Pocket Stolen by Inflation)