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

WASHINGTON, D.C. – Signs reading “Going Out of Business” may soon begin appearing up and down main streets across America, as small businesses are increasingly preparing for a recession. For more than two years, small businesses have faced multiple crises that have left them with fewer workers, smaller inventories, and less income, whether it is ...

WASHINGTON, DC –Raising the debt ceiling must come with spending cuts to combat the inflation that continues to hurt working-class families. 60 percent of Americans want an increase in the debt ceiling to reduce Washington’s wasteful spending - exactly what House Republicans’ Limit, Save, Grow Act delivered.  As shown in the Personal Consumption Expenditure index release, ...

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Consumer Price Index showed inflation remaining at an over 30-year high of 4.9 percent and prices increasing 15.3 percent since President Biden took office:

Washington, D.C. – The federal government will be unable to meet its spending obligations – including Medicare and Social Security benefits – as soon as June because Treasury will have exhausted its “extraordinary measures,” according to

WASHINGTON, DC – House Republicans today passed the Limit, Save, Grow Act to address the debt ceiling and implement commonsense spending reforms to limit wasteful spending, save taxpayer dollars, and grow the economy. This bill delivers on Republicans’ commitment to America by tackling the chronic labor shortage hurting small businesses while reining in President Biden’s ...

Working families and small businesses are realizing that Democrats’ latest green subsidy scheme will cost more than promised. Not only will their tax dollars go towards billion-dollar corporations, they will also flow to Chinese entities of concern and put American workers at a disadvantage. Ways and Means Chairman Jason Smith (MO-08) released the following fact sheet with this ...

Washington, D.C. – As President Biden continues to ignore years of precedent during which he previously supported negotiations over the inclusion of spending reforms to address America’s fiscal crisis as part of raising the debt limit, Republicans are taking action with the Limit, Save, Grow Act. As Republicans take up the common sense legislation this week, House ...

PEACHTREE CITY, GA – During a hearing held in an airplane parts manufacturing facility in Peachtree City, Georgia, small business owners told the Ways and Means Committee how the 2017 Tax Cuts and Jobs Act has made a difference in their lives and livelihoods and Congress should immediately work to extend expiring provisions. Workers, farmers, and small businesses have all faced ...

WASHINGTON, DC – Green welfare for the wealthy and well-connected is exploding under Democrats’ Inflation Reduction Act (IRA), as hundreds of billions of tax dollars are flowing to big banks, corporations, and the Chinese Communist Party, witnesses revealed during a hearing of the House Ways and Means Committee on Wednesday. “A Low Emission Fire Sale Only ...