After the Bureau of Labor Statistics reported in its October Consumer Price Index (CPI) that inflation rose at 7.7 percent from the previous year, and real wages failed to rise 17 of the last 21 months, Ways and Means Republican Leader Rep. Kevin Brady (R-TX) issued the following statement:
“With persistent and high inflation for the foreseeable ...
With Americans paying the highest energy costs in 25 years, a new
“Rising prices are crippling Americans’ budgets, and at its core, inflation is a tax on rural Americans and the poor,” writes Ways and Means member and Republican Leader of the House Committee on Budget Rep. Jason Smith (R-MO) in a new
In a series of letters to top officials, Ways and Means Republicans have laid the groundwork for an onslaught of investigations into the Biden Administration’s abuses of power. The Committee will track down the waste of taxpayer dollars, fight for transparency, and hold the Administration accountable for its unprecedented executive overreach.
Here’s how Republican Leader ...
“The Inflation Reduction Act will wipe out nearly a third of the current annual spending on cancer research and development, leading to fewer new cures and discouraging innovation and investment in an industry that relies heavily on private sector funding,” writes Ways and Means Member and co-chair of the GOP Doctors Caucus Rep. Brad Wenstrup (R-OH) ...
Despite assurances from Internal Revenue Service (IRS) Commissioner Charles Rettig that the agency’s backlog would be cleared by the end of the year, a top IRS watchdog warns the agency could fall short.
“I would like ...
With less than a month before the 2022 midterm elections, the Internal Revenue Service (IRS) sent a mailer to 9 million Americans informing them that they may be eligible to apply for tax credits. The IRS also took the unusual step of extending the typical deadline for such filing by a month. The timing of the mailers seems both “suspicious” and “political” – especially given that ...
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Health care costs have soared under Democrats’ policies, with the largest increase in prices in history. Worse, Democrats are killing medical innovation and the development of future cures with ...
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As working American families and Main Street businesses struggle through the highest inflation in 40 years, a looming recession, and a shrinking economy, Democrats have raised taxes and wastefully spent ...
After the October jobs report from the Bureau of Labor Statistics showed an increase to 3.7 percent unemployment and a decline in labor force participation,Ways and Means Republican Leader Rep. Kevin Brady (R-TX) released the following statement:
“The workforce is shrinking, job growth is slowing, and unemployment is rising – these are all signs ...
