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Economic Statements

September 06, 2024 Biden-Harris Record: Job Losses for Small Business While Adding More Government Bureaucrats

Chairman Smith: “A stumbling job market is a part of the price Americans are paying as the Federal Reserve tries…

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August 30, 2024 Chairman Smith: The Biden-Harris Agenda Continues to Drive Up Prices and Harm America’s Working Families

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

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August 14, 2024 Chairman Smith: The Biden-Harris Administration Has Made Cost-of-Living Too Expensive

“None of these failures would be possible without Vice President Harris. She cast the deciding vote to advance the worst…

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August 02, 2024 Chairman Smith: Cash-Strapped Families Struggling in Biden-Harris Economy

“With a majority of industries losing jobs and indications we have fallen into a recession, this jobs report is one…

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July 31, 2024 Chairman Smith: The Biden-Harris Economy Fails Lower-Income Americans

“Regardless of what the Federal Reserve chooses to do with interest rates in the future, the Biden-Harris record is already…

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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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