Economic Statements
House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Federal Reserve’s preferred inflation measure,…
Read More (Chairman Smith: The Biden-Harris Agenda Continues to Drive Up Prices and Harm America’s Working Families)“None of these failures would be possible without Vice President Harris. She cast the deciding vote to advance the worst…
Read More (Chairman Smith: The Biden-Harris Administration Has Made Cost-of-Living Too Expensive)“With a majority of industries losing jobs and indications we have fallen into a recession, this jobs report is one…
Read More (Chairman Smith: Cash-Strapped Families Struggling in Biden-Harris Economy)“Regardless of what the Federal Reserve chooses to do with interest rates in the future, the Biden-Harris record is already…
Read More (Chairman Smith: The Biden-Harris Economy Fails Lower-Income Americans)WASHINGTON – Businesses with fewer than 50 workers lost jobs in July, the first time since March 2021, according to…
Read More (Smith: Small Business Job Losses Courtesy of Biden-Harris Admin Policies Will Worsen If Democrats Let Tax Cuts Expire)“One thing Democrats cannot change is the Biden-Harris record: 20 percent rise in prices and interest rates keeping families from…
Read More (Chairman Smith: Democrats Cannot Change the Biden-Harris Record of High Prices)“Hiring paper pushers and IRS agents does nothing to help small businesses struggling to make payroll.” WASHINGTON, D.C. – Ways and…
Read More (Chairman Smith: Big Government Wins Again)“Today’s inflation report confirms what the American people witnessed last night with their own two eyes: President Biden is incapable…
Read More (Chairman Smith: Biden Incapable of Stopping His Own Inflation Crisis)“Every time that interest rates remain stuck at a 23-year high is more proof that ‘Bidenomics’ has been a financial…
Read More (Chairman Smith: High Interest Rates to Fight “Bidenomics” Putting American Dream Out of Reach)“Families are having to stretch to dip into their savings and max out their credit cards because their paycheck doesn’t…
Read More (As “Bidenflation” Robs Workers’ Wages, Biden Wants to Send Them a Bigger Tax Bill)