“Americans with jobs still struggle to afford to put food on their table and gas in their car.” WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Bureau of Labor ...

“Interest rates remain at the highest level in 23 years, and are not falling as projected, because ‘Bidenflation’ has a stranglehold on the economy.” WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) ...

“President Biden’s recipe of outlandish spending and higher taxes is robbing the American people and hurting the economy.” WASHINGTON, D.C. – House Ways and Means Committee Chairman Jason Smith (MO-08) released ...

WASHINGTON, D.C. – Falling far short of expectations, America’s economy grew by just 1.6 percent in the first quarter of 2024, according to a new Gross Domestic Product (GDP) estimate from the Bureau of Economic Analysis. The report also showed bad news for those hoping for relief from high prices and high interest rates: The personal consumption ...

“Under the tax relief package that passed the House of Representatives with overwhelming support, job creators would have more resources to grow jobs while Americans would see real relief from the restoration of the Trump-era Child Tax Credit.”

“Small businesses and workers who lose their job are paying the price for Democrats’ failed leadership.” WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Bureau of ...

“The best chance to deliver real assistance to families and American job creators as quickly as possible is the Tax Relief for American Families and Workers Act.” WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith ...

“Interest rates are remaining at the highest levels in 23 years because Bidenflation is still out of control.” WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement in response ...

WASHINGTON, D.C. – American workers and businesses will finally receive the tools needed to directly respond to China’s growing global economic influence thanks to the Tax Relief for American Families and Workers Act (TRAFWA). The bill, passed by an overwhelming majority of the U.S. House of Representatives, builds on the ...

Hidden inside President Biden’s Fiscal Year (FY) 2025 Budget is the revelation that he will increase taxes by a whopping $7 trillion, thanks to a range of tax increases and the expiration of Republicans’ 2017 tax reform. Ways and Means ...