Results for gas tax
WASHINGTON, D.C. - In response to specific concerns raised by American workers, families, farmers, and small businesses during field hearings across the country, Ways and Means Committee members have introduced legislation to help struggling families, grow jobs, and support a stronger economy. Today, these solutions are being combined as part of a new ...
As prepared for delivery.
"Good morning, and welcome to the third field hearing of the House Ways and Means Committee in the new Republican majority. Thank you to NAECO for hosting us here today.
"Small businesses across Georgia and the United States have been battling on the front lines of the Biden economy for two years.
"Historic inflation, higher interest ...
WASHINGTON, DC – Green welfare for the wealthy and well-connected is exploding under Democrats’ Inflation Reduction Act (IRA), as hundreds of billions of tax dollars are flowing to big banks, corporations, and the Chinese Communist Party, witnesses revealed during a hearing of the House Ways and Means Committee on Wednesday.
“A Low Emission Fire Sale ...
WASHINGTON, DC - Billion-dollar corporations and big banks will be the primary beneficiary of corporate tax breaks stuffed inside the so-called Inflation Reduction Act, according to the nonpartisan Joint Committee on Taxation. These tax breaks are a massive ...
WASHINGTON, D.C. – President Biden’s Fiscal Year 2024 (FY24) budget would cut jobs, slash wages, and reduce economic growth for families already struggling to get by, according to a new non-partisan study. In a recent analysis, the Tax Foundation found that President Biden’s $4.7 trillion tax hike ...
Washington, D.C. — House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Producer Price Index showed wholesale prices rising by 4.6 percent from the previous year:
“Main Street businesses are still being forced to pay 4.6 percent more for goods ...
WASHINGTON, D.C. – House Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Consumer Price Index showed inflation rising 6.0 percent from the previous year -- matching a pre-pandemic high of 30 years -- with prices having risen 14.8 percent since the President took the oath ...
While testifying before the Ways and Means Committee on Friday, Treasury Secretary Janet Yellen made a number of remarks that were newsworthy, ranging from how IRS audits will impact the middle class, to her refusal to share details about who will really pay President Biden’s proposed tax hikes. Here are six key moments.
WASHINGTON, DC – House Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after President Biden released his Fiscal Year 2024 budget that raises taxes on small businesses, ignores imminent Medicare cuts, and hands even more money to the IRS:
YUKON, OK - Two days before President Biden releases his budget to the American people, the Ways and Means Committee held its second field hearing in Yukon, Oklahoma to hear directly from working Americans about the state of the American economy in the heartland. Working Oklahomans told the committee they want Congress to focus on lowering taxes to fight inflation, promote ...
