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Ways & Means History

The Committee on Ways and Means, the oldest tax-writing body in the U.S. House of Representatives since 1789, shapes fiscal legislation including taxes, tariffs, and social service programs. Its notable influence is underscored by numerous members who have risen to prominent national offices, including Presidents and Supreme Court Justices.

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July 30, 2026

Chairman Smith on PCE, GDP Reports: Working Families Are Seeing Bigger Paychecks, America’s Economy Is Growing, and Inflation Is Coming Down

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the release of the…

July 29, 2026

Chairman Smith Statement on Fed Rate Announcement

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Federal Open Market…

July 29, 2026

CBO Confirms Democrats’ Inflation Expansion Act Raised Costs for Seniors & Taxpayers By $700 Billion, Protecting Health Care Empires Instead of Patients

WASHINGTON, D.C. – Today, the Congressional Budget Office (CBO) confirmed in a letter to House Ways and Means Committee Chairman…

July 24, 2026

ICYMI: Chairman Smith Issues Subpoenas to CCP-Linked Singham Network Nonprofits After Their Refusal to Comply with Committee Oversight

WASHINGTON, D.C. – House Ways and Means Committee Chairman Jason Smith (MO-08) announced the Committee has issued subpoenas to BreakThrough News,…

July 24, 2026

Ways & Means Committee Approves Legislation Boosting Transparency & Accountability in Tax-exempt Sector, Preventing Foreign Influence in American Politics, & Protecting Religious Freedom

WASHINGTON, D.C. – Tax-exempt organizations that abuse the generous benefits afforded to them courtesy of the U.S. taxpayer will face…

July 23, 2026

Chairman Smith: Trump Administration is Fighting for American Workers and American Values

WASHINGTON, D.C.– Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Trump Administration announced plans…

Every Democrat voted NO on the Trump Tax Cuts.

Now some are celebrating the very benefits they tried to stop.

If these cuts were so terrible… why take credit for them?

Today, the Congressional Budget Office (CBO) confirmed what we have known all along. Democrats and their Inflation Expansion Act are directly to blame for skyrocketing prescription drug costs.

Their reckless legislation drove up drug costs by $700 billion and cut Medicare drug

Today, the CBO has confirmed what we’ve known all along: Democrats are to blame for the increased costs of prescription drugs. The Inflation Expansion Act actually INCREASED drug costs by $700 billion and reduced drug plan options by HALF.

Their misguided policies are causing

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