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Economic Statements

July 26, 2024 Chairman Smith: Democrats Cannot Change the Biden-Harris Record of High Prices

“One thing Democrats cannot change is the Biden-Harris record: 20 percent rise in prices and interest rates keeping families from…

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July 05, 2024 Chairman Smith: Big Government Wins Again

“Hiring paper pushers and IRS agents does nothing to help small businesses struggling to make payroll.” WASHINGTON, D.C. – Ways and…

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June 28, 2024 Chairman Smith: Biden Incapable of Stopping His Own Inflation Crisis

“Today’s inflation report confirms what the American people witnessed last night with their own two eyes: President Biden is incapable…

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June 12, 2024 Chairman Smith: High Interest Rates to Fight “Bidenomics” Putting American Dream Out of Reach

“Every time that interest rates remain stuck at a 23-year high is more proof that ‘Bidenomics’ has been a financial…

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June 12, 2024 As “Bidenflation” Robs Workers’ Wages, Biden Wants to Send Them a Bigger Tax Bill

“Families are having to stretch to dip into their savings and max out their credit cards because their paycheck doesn’t…

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June 07, 2024 Chairman Smith: Biden’s Policies Harm American Workers & Small Businesses

Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Bureau of Labor Statistics released the…

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June 03, 2024 Chairman Smith: Americans Are Paying Twice For Bidenflation

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

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May 15, 2024 With Price Increases Still Robbing Paychecks, Biden’s Solution Is To Take More Out of Your Pocket

“Today’s report is more evidence that ‘Bidenflation’ and high prices will keep creating financial pressure and anxiety for working families.”…

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May 03, 2024 Chairman Smith: President Biden Has Left Working Families Less Secure

“Americans with jobs still struggle to afford to put food on their table and gas in their car.” WASHINGTON, D.C. – Ways…

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