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Chairman Smith Announces Ways & Means Initiatives to Hold China Accountable and Support U.S. Farmers and Workers

April 15, 2024 — Blog

Washington, D.C. – Lawmakers are taking aim at China, holding the Biden Administration accountable, and leveling the playing field for American farmers and workers with a new series of trade and tax policies led by members of the House Committee on Ways and Means. The suite of bills include a major reform of America’s largest trade program to ...

Six Key Hearing Moments – Expanding on the Success of the 2017 Trump Tax Cuts

April 12, 2024 — Blog

WASHINGTON, D.C. – Ahead of the expiration of key components of the Tax Cuts and Jobs Act in 2025, the Ways and Means Committee is examining pro-growth and pro-family policies to determine how best to build on its success. Under the 2017 Trump tax cuts, real median household income increased by $5,000 and real wages rose by 4.9 ...

ICYMI | Rep. Feenstra: Tax Package Supports Our Families, Businesses

March 18, 2024 — Blog

WASHINGTON, D.C. – The Tax Relief for American Families and Workers Act is Congress’s first major opportunity to push back on China while relieving the burden placed on families and workers struggling with inflation and high interest rates in the Biden economy, writes Ways and Means Republican Randy Feenstra (IA-04) in an

The Biden Tax Hike Will Likely Exceed $7 Trillion 

March 14, 2024 — Blog

Hidden inside President Biden’s Fiscal Year (FY) 2025 Budget is the revelation that he will increase taxes by a whopping $7 trillion, thanks to a range of tax increases and the expiration of Republicans’ 2017 tax reform. Ways and Means ...