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Smith: Small Businesses Can’t Catch a Break in Biden’s Economy

February 16, 2023 — Bidenflation

WASHINGTON, DC — House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Producer Price Index showed wholesale prices rising by 6 percent, higher than expectations. America’s small businesses are being forced to pay more for goods, leading to higher prices for families:  

Smith to Yellen: Do Not Delay Testifying About Biden’s Spending and Tax Plans

February 10, 2023 — 'Inflation Reduction Act'

Washington, D.C. – Rather than keep Congress waiting for the Biden Administration’s plans for how it will use $80 billion in new funding for audits and tax enforcement or details on the myriad of other ways in which the Administration will saddle middle class families with higher taxes and more debt to pay for its welfare for the wealthy agenda, House Ways and Means Committee ...

Smith: Americans Struggling to Keep Up after Two Years of Biden’s Inflation Crisis

January 27, 2023 — Bidenflation

WASHINGTON, DC – House Ways and Means Chairman Jason Smith (MO-08) released the following statement after the Bureau of Economic Analysis issued its report for December’s personal consumption expenditures (PCE) showing prices increased 5.0 percent from one year ago: “Inflation is still way too high for families and small businesses. Americans are still experiencing the now-familiar sticker ...

Smith: Democrats Need to Come to the Table to Address Reckless Spending and Debt Limit

January 19, 2023 — Blog

WASHINGTON, DC – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement in response to the federal government hitting the debt ceiling:   “The American people rightfully recognize that maintaining Washington’s status quo, which runs up massive deficits and adds trillions to our national debt, is unsustainable. They see how ...