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Economic Statements

April 13, 2023 Chairman Smith: Under President Biden, Small Businesses Struggle to Keep the Doors Open, Lights On

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

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April 12, 2023 Chairman Smith: Americans Add Biden’s Inflation Crisis to Death and Taxes as Part of Life’s Certainties

WASHINGTON, DC – Americans will continue to suffer under President Biden’s inflation crisis, after the latest Consumer Price Index report…

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April 07, 2023 Chairman Smith: Job Creators Sinking Under Weight of Democrats’ Failed Policies

WASHINGTON, DC – Rising interest rates, historic inflation, and labor shortages, spurred by Democrat policies, are increasing pressure on working…

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March 31, 2023 Chairman Smith: Biden’s Hidden Tax on All Americans Continues

WASHINGTON, DC – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement on February’s personal consumption…

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March 22, 2023 Chairman Smith: Recession Warning Signs Are Flashing for Workers, Small Businesses, and Farmers

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

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March 15, 2023 Smith: Small Businesses Crushed by Wholesale Prices Fear Higher Tax Bill in Biden’s Budget

Washington, D.C. — House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Producer Price…

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March 01, 2023 Small Businesses Are Settling In for a Weak Economy

Small businesses continue to be weighed down by historic inflation, chronic labor shortages, and pessimistic expectations of economic conditions for…

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