WASHINGTON, D.C. – Signs reading “Going Out of Business” may soon begin appearing up and down main streets across America, as small businesses are increasingly preparing for a recession. For more than two years, small businesses have faced multiple crises that have left them with fewer workers, smaller inventories, and less income, whether it is skyrocketing prices, ...
WASHINGTON, DC – For the second time, the Republican-controlled House voted to address responsibly the debt ceiling and rein in wasteful Washington spending. The Fiscal Responsibility Act delivers important fiscal and economic policy victories for the American people, including caps on federal spending, work requirements to help lift Americans out of poverty, eliminating this ...
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"This debate was a long time coming. Not because it’s complicated, but because Democrats couldn’t accept the solution.
"We are here at the 11th hour finally dealing with the debt limit on a bipartisan basis because President Biden apparently needed 100 days to pick up the phone and talk to Republicans.
"During those 100 days, the case for cutting ...
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"Chairman Cole, Ranking Member McGovern, thank you for the opportunity to say a few words about the legislation before us that addresses the debt ceiling and begins to address the spending binge that got us here.
"Let’s start by talking about why we are here a mere few days prior to potential default. It’s because the Biden Administration refused to come ...
WASHINGTON, D.C. – At a Ways and Means Trade Subcommittee hearing on how the United States should modernize our customs policies, witnesses testified that our customs law should hold China accountable for unfair trade practices, root out forced labor in our supply chain, and equip Customs and Border Protection to combat illicit goods shipped through American ports while ...
WASHINGTON, DC –Raising the debt ceiling must come with spending cuts to combat the inflation that continues to hurt working-class families. 60 percent of Americans want an increase in the debt ceiling to reduce Washington’s wasteful spending - exactly what House Republicans’ Limit, Save, Grow Act delivered. As shown in the Personal Consumption Expenditure index release, ...
WASHINGTON, D.C. – On Wednesday, the Ways and Means Subcommittee on Social Security held a hearing to discuss the Social Security Administration’s (SSA) responsibility to do more to protect Americans from Social Security number (SSN)-related identity theft, as well as the government’s failure to help individuals whose SSNs have been ...
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08), along with every Committee Republican, introduced H.R. 3665, the Defending American Jobs and Investment Act, to prevent President Biden’s global tax surrender from killing American jobs, surrendering sovereignty over our tax code, and handing a ...
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"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 trade, ...
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"Two weeks ago, the Ways and Means Committee held a hearing at the port of Staten Island in New York to listen to working Americans who are on the frontlines of the impact of our trade policies.
"Witnesses highlighted for the Committee the troubling reality that the Chinese Communist Party continues to engage in a wide range of unfair trade practices that ...
