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Economic Statements

January 09, 2026 BOOM: CBO Projects Stronger Economic Growth Thanks to Working Families Tax Cuts AGAIN

WASHINGTON, D.C. – In its latest economic projections, the Congressional Budget Office (CBO) attributes stronger growth to the Working Families Tax Cuts. This…

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January 09, 2026 Smith on Jobs Report: Trump Economy Delivering Results With More to Come for Working Families

Wage growth accelerated and the unemployment rate fell to 4.4 percent. WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith…

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December 23, 2025 Smith: “Pro-worker, pro-small business policies are already producing stronger economic growth.”

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the U.S. Bureau of…

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December 18, 2025 Smith: After Democrats Fueled an Inflation Crisis, Republicans Are Bringing Real Relief 

Core inflation fell to the lowest level in nearly five years. WASHINGTON, D.C. – House Ways and Means Committee Chairman Jason…

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December 16, 2025 Smith: Republicans Cut Taxes For Working Families and Set Stage for Strong Economy in 2026

“This Christmas, as the calendar rolls over to 2026, workers can expect bigger paychecks and the largest tax refunds in…

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December 10, 2025 Smith on Interest Rate Announcement: Lower Rates Support Affordability, More Investment, Bigger Paychecks

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Federal Open Market Committee announced…

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December 05, 2025 Smith Statement on PCE Report: Federal Reserve Should Lower Interest Rates Next Week

Inflation beat expectations and paychecks continue to rise faster than prices. WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08)…

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November 20, 2025 Smith Statement on September Jobs Report

Report shows 119,000 new jobs and wage growth continuing to beat inflation. WASHINGTON, D.C. – Ways and Means Committee Chairman Jason…

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October 29, 2025 Smith Statement on Federal Reserve Interest Rate Cut: “Trump boom shouldn’t be undermined by too-high interest rates.”

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Federal Open Market Committee announced…

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October 24, 2025 After Driving Up Prices, Democrats Voted No on Tax Relief for Seniors and Yes on Shutting Down the Government 

WASHINGTON, D.C. – House Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Bureau of Labor Statistics…

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