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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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April 30, 2026

Chairman Smith on Economic Reports: Americans Have More Money in Their Pockets and Booming Economy Thanks to GOP Tax Cuts 

Taxpayers have more money in their pockets thanks to record tax refunds up over 11 percent and core inflation remains…

April 30, 2026

In Florida, Ways and Means Committee Hears the Power of Prevention to End Chronic Disease Epidemic

BRADENTON, FLORIDA – Outside an osteopathic medical school on a sunny Florida morning, the Ways and Means Health Subcommittee heard from…

April 29, 2026

Bipartisan Foster Care Modernization Legislation Advances Out of Ways and Means After Foster Youth and First Lady Melania Trump Advocacy 

WASHINGTON, D.C. – The Ways and Means Committee approved six pieces of legislation with strong bipartisan support that will modernize the John…

April 29, 2026

Chairman Smith on Fed Rate Announcement: Inflation Rates Have Fallen to Pre-Biden Agenda Lows – So Should Interest Rates 

“It’s past time for the Federal Reserve to recognize the stable prices, steady job creation, and strong economic growth in…

April 29, 2026

Chairman Smith at Foster Care Legislation Markup: Bipartisan Policy Will Help Foster Youth Lead Independent Lives

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) delivered the following statement at a committee markup of…

April 28, 2026

ICYMI: Chairman Smith on Squawk Box: Not-for-profit hospitals “look like hedge funds with hospital beds.”

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) joined CNBC’s Squawk Box ahead of a full Committee…

ICYMI: @WaysandMeansGOP marked up six bills to modernize the Chafee Foster Youth Program and better support foster youth nationwide. The reforms strengthen services and improve outcomes for young people aging out of foster care.

Thanks to @FLOTUS's advocacy and bipartisan

The @WaysandMeansGOP recently held a roundtable with First Lady Melania Trump to discuss important foster care legislation as part of her Fostering the Future Initiative.

This week, following that roundtable with the First Lady, our Committee passed a series of bipartisan bills

Today, my @WaysandMeansGOP colleagues and I passed six bipartisan bills out of our committee Markup where we are taking action to modernize the Chafee Foster Care Program and are doing work that is aligned with @FLOTUS Fostering the Future initiative.

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