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Economic Statements

June 12, 2024 As “Bidenflation” Robs Workers’ Wages, Biden Wants to Send Them a Bigger Tax Bill

“Families are having to stretch to dip into their savings and max out their credit cards because their paycheck doesn’t…

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June 07, 2024 Chairman Smith: Biden’s Policies Harm American Workers & Small Businesses

Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Bureau of Labor Statistics released the…

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June 03, 2024 Chairman Smith: Americans Are Paying Twice For Bidenflation

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

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May 15, 2024 With Price Increases Still Robbing Paychecks, Biden’s Solution Is To Take More Out of Your Pocket

“Today’s report is more evidence that ‘Bidenflation’ and high prices will keep creating financial pressure and anxiety for working families.”…

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May 03, 2024 Chairman Smith: President Biden Has Left Working Families Less Secure

“Americans with jobs still struggle to afford to put food on their table and gas in their car.” WASHINGTON, D.C. – Ways…

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April 26, 2024 Chairman Smith: Americans Will See No Relief From Historic Biden Interest Rates

“President Biden’s recipe of outlandish spending and higher taxes is robbing the American people and hurting the economy.” WASHINGTON, D.C. –…

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April 25, 2024 Smith: Why Is Biden Pledging Tax Hikes on Families & Main Street as Economy Falters?

WASHINGTON, D.C. – Falling far short of expectations, America’s economy grew by just 1.6 percent in the first quarter of 2024,…

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April 10, 2024 Chairman Smith: Congress Must Listen to Working Families and Provide Immediate Tax Relief from Bidenflation

“Under the tax relief package that passed the House of Representatives with overwhelming support, job creators would have more resources…

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April 06, 2024 Chairman Smith: Bidenomics Is an Attack on Small Businesses and Blue-Collar Jobs

“Small businesses and workers who lose their job are paying the price for Democrats’ failed leadership.” WASHINGTON, D.C. – Ways and…

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