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Oversight

Top Four Takeaways from Ways and Means Oversight Hearing on Non-Profit Hospitals

April 28, 2023 — Oversight

On Wednesday, the House Ways and Means Committee Subcommittee on Oversight held a hearing to discuss the tax-exempt status of non-profit hospitals. The Subcommittee examined whether reforms and accountability are necessary to ensure these hospitals provide the appropriate level of charitable care and community benefits ...

Chairman Smith Opening Statement: Hearing on IRS Accountability & Transparency

April 27, 2023 — Opening Statements

As prepared for delivery. "Commissioner Werfel, thank you for being here today. "I first want to address an issue that has been widely reported. Last week, a whistleblower came forward with troubling claims about abuses of power. We are conducting a review of this matter and will go wherever the facts lead us. I expect full ...

Chairman Smith Opening Statement: Hearing on on Tax-Exempt Hospitals and the Community Benefit Standard

April 26, 2023 — Opening Statements

As prepared for delivery. "Thank you, Chairman Schweikert and Ranking Member Pascrell.   "Today the Oversight Subcommittee is meeting to examine the tax-exempt status of nonprofit hospitals to ensure they are operating in the best interests of patients, communities, and taxpayers. As the committee with oversight jurisdiction over the IRS, the tax code, tax administration, ...

Statement from Chairman Smith on IRS Whistleblower Outreach

April 19, 2023 — Blog

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after an employee of the Internal Revenue Service (IRS) sent a letter, through legal counsel, to the Chairman requesting the committee look into concerns the employee has regarding allegations of misconduct in the ...

Chairman Smith, Oversight Subcommittee Chairman Schweikert: Americans Will Struggle to Afford Accounting and Paperwork Prep Needed to Comply with Democrats’ New IRS Reporting Scheme

April 10, 2023 — Blog

WASHINGTON, DC – As it struggles to process the billions of information returns it currently receives, the IRS may be unprepared to implement Democrats’ new invasive scheme to track Americans’ personal online financial transactions, wrote Ways and Means Committee Chairman Jason Smith (MO-08) and Oversight Subcommittee ...

Chairman Smith Blasts Hollow IRS “Plan” that Fails to Provide Details on How Their $80 Billion Raise Will be Spent

April 06, 2023 — 'Inflation Reduction Act'

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 ...

Five Press-Worthy Moments from Ways and Means Hearing with HHS Secretary Becerra

March 29, 2023 — Blog

WASHINGTON, DC – During Tuesday’s House Ways and Means Committee hearing, Republicans questioned HHS Secretary Xavier Becerra on President Biden’s budget gimmicks, why he offers no plan to prevent $500 billion in looming cuts to Medicare, why HHS employees are not showing up to work, and why wealthy families are eligible for taxpayer-funded ...