Economic Statements
WASHINGTON, D.C. – Falling far short of expectations, America’s economy grew by just 1.6 percent in the first quarter of 2024,…
Read More (Smith: Why Is Biden Pledging Tax Hikes on Families & Main Street as Economy Falters?)“Under the tax relief package that passed the House of Representatives with overwhelming support, job creators would have more resources…
Read More (Chairman Smith: Congress Must Listen to Working Families and Provide Immediate Tax Relief from Bidenflation)“Small businesses and workers who lose their job are paying the price for Democrats’ failed leadership.” WASHINGTON, D.C. – Ways and…
Read More (Chairman Smith: Bidenomics Is an Attack on Small Businesses and Blue-Collar Jobs)“The best chance to deliver real assistance to families and American job creators as quickly as possible is the Tax…
Read More (Chairman Smith: Families Need Tax Relief To Fight Bidenflation and High Prices)“Interest rates are remaining at the highest levels in 23 years because Bidenflation is still out of control.” WASHINGTON, D.C. –…
Read More (Chairman Smith: High Interest Rates More Evidence of President Biden’s Failed Leadership)WASHINGTON, D.C. – American workers and businesses will finally receive the tools needed to directly respond to China’s growing global economic…
Read More (Tax Relief for American Families & Workers Act Gives America an Edge Against China)Hidden inside President Biden’s Fiscal Year (FY) 2025 Budget is the revelation that he will increase taxes by a whopping…
Read More (The Biden Tax Hike Will Likely Exceed $7 Trillion )Washington, D.C. – The United States stands to lose billions of revenue under the Organization for Economic Cooperation and Development’s…
Read More (Smith, Crapo: Biden Administration Should Negotiate a Better Global Tax Deal for America)“The last thing families need is more ‘Bidenomics’ that robs the pockets of working families while making America’s job creators…
Read More (Chairman Smith: Families Need Tax Relief, Not Another Round of President Biden’s Failed Economic Policies)Washington, DC – Ways and Means Chairman Jason Smith (MO-08) issued the following statement on President Biden’s release of his Fiscal…
Read More (Biden Budget Message to Taxpayers: The Beatings Will Continue Until Morale Improves)