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Chairman Smith: Under the Hood, Economy Is Struggling Because Of “Bidenomics”

November 03, 2023 — Press Releases

House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Bureau of Labor Statistics released the October jobs report: “A quick check under the hood of the economy will show that the problem is ‘Bidenomics.’ The Federal Reserve is so concerned about the economy they are ...

Smith: Agency Watchdog Highlights Unacceptable Levels of Incompetence and Abuse at the IRS

September 13, 2023 — Press Releases

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) blasted the Internal Revenue Service on Wednesday following a series of reports released by the Treasury Inspector General for Tax Administration (TIGTA) this summer showing the IRS is failing to treat all taxpayers the same, to protect their private information, or to provide a basic level of ...

Trade Subcommittee Chairman Smith Opening Statement: Hearing on Modernizing Customs Policies to Protect American Workers & Secure Supply Chains

September 12, 2023

As prepared for delivery. Thank you, Ranking Member Blumenauer, and to our witnesses and subcommittee members for being here today. Today’s subcommittee hearing is an important step as the House Ways and Means Committee considers updates to custom laws to ensure Customs and Border Protection has the right policies in place to enforce our laws effectively, facilitate legitimate ...

CONFIRMED: Inflation Reduction Act as Written Will Lead to More Audits for Middle-Class Families

September 11, 2023 — Press Releases

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Internal Revenue Service (IRS) announced they would be implementing additional “safeguards” to shield taxpayers making less than $400,000 from increased audits funded by President Biden’s so-called “Inflation Reduction Act,” which was signed into law ...