Washington, D.C. - Taxpayer dollars may be getting funneled to a Chinese company and potential “foreign entity of concern” through its partnership with Ford, thanks to the automaker’s use of electric vehicle tax credits in the Democrats’ so-called Inflation Reduction Act, writes Ways and Means Committee Chairman Jason Smith (MO-08) to Ford CEO Jim Farley ...
WASHINGTON, D.C. - On Thursday, Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement in response to the Internal Revenue Service’s (IRS) newly released “plan” that was supposed to inform Congress and the American people how the IRS will spend the $80 billion Democrats gave the agency in the ...
WASHINGTON, DC – Democrats’ “green” energy subsidies in the so-called “Inflation Reduction Act” (IRA) will cost three times what was originally projected, according to new analysis featured in the Wall Street Journal. ...
WASHINGTON, DC – Without any notice to the American public, the Biden Administration announced today they have entered into a critical minerals agreement with Japan that would send tax dollars to foreign corporations that produce electric vehicles (EVs) and open the door to future payouts to other countries.
Ways ...
As audits on middle-class families are slated to
WASHINGTON, DC – House Ways and Means Committee Republicans questioned Secretary Yellen about the Biden Administration’s plans to spend $80 billion to hire 87,000 agents to audit working-class families, raise taxes by $4.7 trillion, and its failure to reassure the public about the IRS’s politically motivated leaks of confidential tax ...
WASHINGTON, DC – President Biden’s budget puts patients and cures last while expanding Washington command and control over America’s health care economy. This budget ignores looming cuts to Medicare, doubles down on Democrats’ harmful cures-limiting plans, expands government-controlled health care, imposes hundreds of billions in new taxes on ...
"Thank you, Madame Secretary, for appearing before the Ways & Means Committee today. I will note, last year we waited 71 days between the release of the President’s Budget and your testimony before this Committee. So we commend you for promptly appearing today, on the day after the Budget was released, to defend President Biden’s $5 trillion tax hike.
"After two years of economic ...
WASHINGTON, DC – American taxpayers struggling in the Biden economy deserve answers about how President Biden’s $4.7 trillion tax hike, proposed in his fiscal year (FY) 2024 budget, will impact them, wrote Ways and Means Chairman Jason Smith (MO-08) in a letter to ...
WASHINGTON, DC – A think tank with ties to the liberal wing of the Democrat party is drawing scrutiny from Ways and Means Republicans after it was selected by the Biden Administration to receive $15 million in taxpayer funds to “review” an e-file program designed to make the Internal Revenue Service (IRS) both tax collector and tax preparer – a program for which the ...