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Press Releases

May 22, 2025 Chairman Smith on House Floor: “Working families, farmers, and small businesses win with this bill.”

Today, Ways and Means Committee Chairman Jason Smith (MO-08) delivered the following remarks during House debate on The One, Big,…

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May 21, 2025 Who Benefits: The One, Big, Beautiful Bill Gives Average Family New $1,300 Tax Cut in 2026

WASHINGTON, D.C. – After more than four years of Democrat policies driving up prices and imposing a 21 percent inflation tax…

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May 21, 2025 The One, Big, Beautiful Bill Delivers On President Trump’s Priorities 

Reconciliation bill includes no tax on tips, overtime pay, and car loan interest plus tax relief for seniors and incentives…

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May 21, 2025 What They Are Saying: The One, Big, Beautiful Bill Delivers for America’s Family Farmers and Ranchers

WASHINGTON, D.C. – Two million family farmers have been staring down the prospect of seeing their death tax exemption slashed…

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May 20, 2025 President Trump’s One, Big, Beautiful Bill Will Fuel Economic Boom

The One, Big, Beautiful Bill will boost the short-run real gross domestic product (GDP) by 4.2 to 5.2 percent and…

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May 16, 2025 Smith: Biden’s Favorite Economic Forecaster Gave Him a Pass on Inflation, Now It Wants to Kneecap Trump

WASHINGTON, D.C. – More than four years after Moody’s incorrectly predicted the so-called American Rescue Plan would have a negligible…

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