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Economic Statements

October 10, 2024 Chairman Smith: Families Are Already Paying 20 Percent Tax Hike Because of Biden-Harris Administration

“With Americans struggling to afford the basics, Democrats want every family to pay even higher taxes.” WASHINGTON, D.C. – House Ways…

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October 04, 2024 Biden-Harris Record Speaks for Itself: Job Losses for Main Street and Tax Breaks for the Wealthy 

Chairman Smith: “The Biden-Harris Administration has had the last 1,353 days to be the champion of small businesses and workers, and…

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September 18, 2024 Smith Statement on Federal Reserve Interest Rate Announcement

Chairman Smith: “Americans aren’t just looking for relief from high interest rates, they’re looking for relief from the same old failed…

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September 06, 2024 Biden-Harris Record: Job Losses for Small Business While Adding More Government Bureaucrats

Chairman Smith: “A stumbling job market is a part of the price Americans are paying as the Federal Reserve tries…

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August 30, 2024 Chairman Smith: The Biden-Harris Agenda Continues to Drive Up Prices and Harm America’s Working Families

House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Federal Reserve’s preferred inflation measure,…

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August 14, 2024 Chairman Smith: The Biden-Harris Administration Has Made Cost-of-Living Too Expensive

“None of these failures would be possible without Vice President Harris. She cast the deciding vote to advance the worst…

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August 02, 2024 Chairman Smith: Cash-Strapped Families Struggling in Biden-Harris Economy

“With a majority of industries losing jobs and indications we have fallen into a recession, this jobs report is one…

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July 31, 2024 Chairman Smith: The Biden-Harris Economy Fails Lower-Income Americans

“Regardless of what the Federal Reserve chooses to do with interest rates in the future, the Biden-Harris record is already…

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