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Legislation ends tax-exempt status for U.S. nonprofits materially supporting terrorist organizations and fairly treats the back-due taxes of American hostages…
Read More (House Democrats Block Bill Cracking Down on Support for Terrorism by Tax-Exempt Organizations & Providing Relief from Tax Penalties for American Hostages)WASHINGTON, D.C. — Two years have passed since the Biden-Harris Administration shoveled an $80 billion windfall to the IRS to spur…
Read More (Lack of IRS Plan to Protect Middle-Class Families from Increased Audits Exposes Empty Biden-Harris Promise)Chairman Smith: “To add insult to injury, Vice President Harris’s next move is to let the Trump tax cuts expire…
Read More (The Biden-Harris Economic Record is Sticker Shock)Lawmakers are calling on the Government Accountability Office (GAO) to review the Medicare Part D Premium Stabilization Demonstration recently announced by…
Read More (Bicameral Leaders Call for Review of Cost-Shifting Drug Price Policy)By Ways and Means Committee Chairman Jason Smith (MO-08) Washington Examiner Republicans are already hard at work to once again…
Read More (Chairman Smith Op-Ed: All Options Must be on the Table to Deliver Tax Relief for Working People)“These programs are designed to foster economic growth in some of the least developed economies in the world, while strengthening…
Read More (Trade Subcommittee Chairman Smith Opening Statement – Hearing on Looking Beyond 2025 for Trade with Sub-Saharan Africa, Haiti, and Others)“Worse than doing nothing, the cumulative effect of the President’s budget proposals would actually hurt Social Security’s funding stream by billions of…
Read More (Social Security Subcommittee Chairman Ferguson Opening Statement – Hearing on the Future of the Social Security Trust Funds)“Compared to three decades ago, there are 30 percent fewer physicians in private practice…A thriving health care ecosystem should include…
Read More (Health Subcommittee Chairman Buchanan Opening Statement – Hearing on the Collapse of Private Practice: Examining the Challenges Facing Independent Medicine)With President Biden’s planned multitrillion-dollar tax hike on American families and small businesses coming next year, the Ways and Means…
Read More (Ways and Means Republican Tax Teams Seek Public Input on Biden’s 2025 Planned Tax Hike on American Families and Businesses)“The bill before us today, sponsored by every Republican member on this Committee, helps ensure bad actors are prevented from…
Read More (Chairman Smith Opening Statement – Markup of the Taxpayer Data Protection Act)