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Press Releases

Smith, Crapo, Neal, and Wyden Announce Bipartisan, Bicameral Legislation to Approve First Taiwan Trade Initiative Agreement

June 09, 2023 — Blog

Washington, D.C. -- U.S. House Ways and Means Committee Chairman Jason Smith (MO-08) and Ranking Member Richard Neal (MA-01), along with U.S. Senate Finance Committee Ranking Member Mike Crapo (R-ID) and Chairman Ron Wyden (D-OR), announced legislation to approve the first trade agreement signed under the U.S.-Taiwan Initiative on 21st-Century Trade, and set robust transparency and ...

Smith Introduces the American Families and Jobs Act to Cut Taxes for Working Families, Grow Main Street Businesses, and Protect American Innovation & Competitiveness

June 09, 2023 — Bidenflation

WASHINGTON, D.C. - In response to specific concerns raised by American workers, families, farmers, and small businesses during field hearings across the country, Ways and Means Committee members have introduced legislation to help struggling families, grow jobs, and support a stronger economy. Today, these solutions are being combined as part of a new legislative tax relief ...

Rep. Van Duyne Leads Legislation to Prevent China, Other Adversarial Nations from Acquiring American Farmland

June 09, 2023 — Press Releases

Today, Congresswoman Beth Van Duyne (TX-24), a member of the House Committee on Ways and Means, introduced the Protecting American Farmland Act, which will prevent foreign adversaries from purchasing American farm and ranch land through a 60% excise tax paid by the buyer. Foreign ownership of U.S. farmland has risen steadily over the years, threatening the future of small family farms, and ...

Chairman Smith Committee Remarks: Paperwork Burden Reduction Act

June 07, 2023 — Health

As prepared for delivery. "Small businesses are struggling with inflation, rising interest rates, and labor shortage.   "To add insult to injury, outdated Washington mandates force small businesses to waste precious time processing paperwork, instead of growing their business, expanding opportunities for their employees, and serving their customers.   "The Paperwork Burden ...

Chairman Smith Opening Statement: Markup of Health Care and Social Security Bills

June 07, 2023 — Health

As prepared for delivery. "Too often, Washington gets in the way of Americans being able to take care of their families. If or when Congress is to be involved, it should be a partner with the American people, not a barrier. Today, the Committee is marking up legislation to cut red tape and support working families. "The first two bills will help Americans, including ...

WSJ: Biden OECD Tax Deal Makes “U.S. Even Less Competitive”

June 06, 2023 — Press Releases

WASHINGTON, DC – Without congressional input or oversight, the Biden Administration has negotiated a global tax surrender to foreign bureaucrats that will kill American jobs, cost America tax revenue, and hand Communist China a competitive edge in the global economy. A recent

Chairman Smith, Representative Panetta Introduce Bipartisan Legislation to Remove Paperwork Burden For Small Businesses and Workers

June 06, 2023 — Health

WASHINGTON, DC – Outdated Washington mandates force small businesses to take time away from serving their customers and employees. Ways and Means Committee Chairman Jason Smith (MO-08) and Representative Jimmy Panetta (CA-19) introduced the Paperwork Burden Reduction Act to relieve employers and workers from outdated, burdensome rules requiring employers to mail no longer ...

Malliotakis, Steel Lead Legislation to Provide Tax Relief to Working Families

June 06, 2023 — Press Releases

WASHINGTON, DC - Today Congresswoman Nicole Malliotakis (NY-11) and Congresswoman Michelle Steel (CA-45), members of the House Committee on Ways & Means, introduced the Working Families Tax Cut Act, legislation that would give middle-class Americans a guaranteed deduction bonus for the next two years.   According to the