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Economic Statements

October 26, 2023 Smith: Americans Spending Down Savings, Relying on Credit Cards, Thanks to Failing Bidenomics

WASHINGTON – Americans are relying more on credit cards and dipping into their savings in order to spend according to the…

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October 12, 2023 Chairman Smith: Cost-of-Living Adjustment Is Cold Comfort for Seniors Wrecked by Biden’s Cost-of-Living Crisis

WASHINGTON – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Consumer Price Index…

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October 12, 2023 Watchdog: IRS Cooked the Books on Direct E-File Study, Misled American Taxpayers

WASHINGTON, D.C. – The Internal Revenue Service (IRS) tipped the scales on a $15 million feasibility study authorized in the…

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October 06, 2023 Chairman Smith: Bidenomics is a Slogan Americans Are Not Buying & A Set of Policies They Cannot Afford

WASHINGTON – House Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the release of the…

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September 29, 2023 Chairman Smith: Working Families Continue to Suffer Under Biden’s Inflation Crisis

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

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September 20, 2023 Chairman Smith: High Prices and Interest Rates Continue to Make Life More Uncertain for Working Families

WASHINGTON – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the September meeting of…

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September 15, 2023 Chairman Smith: Republicans Have A Plan to Give Small Businesses a Fighting Chance in Biden’s Inflation Crisis

WASHINGTON – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Producer Price Index…

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September 13, 2023 Chairman Smith: No End in Sight to Biden’s Cost-Of-Living Crisis

WASHINGTON – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Consumer Price Index…

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September 12, 2023 Pandemic Unemployment Fraud Estimates Double to $100-$135 Billion; Smith and Crapo Call for Action.

WASHINGTON – Official government estimates of fraud in pandemic-era unemployment insurance (UI) programs have doubled within the last six months, reaching…

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September 01, 2023 Smith: Biden’s Economy Continues to Stumble Along

Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the August 2023 jobs report showed lackluster…

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