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Press Releases

Smith, Schweikert Call Out Biden Administration for Cooking the Books on IRS E-File Study

March 04, 2023 — Blog

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 ...

Chairman Smith Announces Hearing on the State of the American Economy: The Heartland

March 02, 2023 — Blog

House Committee on Ways and Means Committee Chairman Jason Smith (MO-08) announced this week that the Committee will hold its second field hearing on the State of the American Economy: The Heartland. The hearing will take place on Tuesday, March 7, 2023, in Yukon, Oklahoma.  “During our first official hearing of the 118th Congress, the Ways and Means Committee ...

Small Businesses Are Settling In for a Weak Economy

March 01, 2023 — Blog

Small businesses continue to be weighed down by historic inflation, chronic labor shortages, and pessimistic expectations of economic conditions for the future, according to the NFIB Small Business Optimism Index. Small businesses ...

Ways and Means Approves Plan to Recover Hundreds of Billions in Misspent, Stolen Unemployment Benefits

March 01, 2023 — Blog

WASHINGTON, DC – Yesterday, the House Ways and Means Committee approved legislation to jumpstart recovery efforts on hundreds of billions of dollars of COVID unemployment insurance payments stolen by fraud. The Department of Labor Inspector General estimated that improper payments in pandemic unemployment programs have left taxpayers on the hook for at least $191 billion. ...

Chairman Smith Opening Statement: Markup of H.R. 1163, the Protecting Taxpayers and Victims of Unemployment Fraud Act

February 28, 2023 — Blog

As prepared for delivery "At the height of the COVID pandemic, government lockdowns shuttered Main Street businesses and kept American workers at home. Congress provided targeted and temporary support for workers and businesses – including through unemployment insurance. Unfortunately, that work was undermined, and many of those families fell victim to predatory fraudsters in ...

Chairman Smith Opening Statement: Markup of Oversight Plan for the 118th Congress

February 28, 2023 — Blog

As prepared for delivery "During two years of one-party Democrat rule in Washington, this Committee should have done robust oversight of the Biden Administration – instead, it overlooked the Administration’s worst behaviors. Whether it was rampant spending driving up inflation or tax increases that will only further shrink the wallets of families, farmers, and small businesses, ...

Chairman Smith Opening Statement: Markup of Budget Views and Estimates

February 28, 2023 — Blog

As prepared for delivery "We have before us the committee’s Views and Estimates for the fiscal year 2024 Budget. As the former Republican leader of the House Budget Committee, I have a special appreciation for this step in the annual Congressional budget process. Not only is it helpful to our friends on the Budget Committee; it gives this committee an opportunity to chart a new ...