WASHINGTON, DC – As part of its “welfare for the wealthy” agenda that will shower high earners and corporations with taxpayer handouts, the Biden Administration unveiled a regulatory proposal Friday on critical mineral and battery component requirements for the $7,500 electric vehicle tax credit in the so-called Inflation Reduction Act. The proposal fails to counter China’s ...
WASHINGTON, DC – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement on February’s personal consumption expenditures (PCE) report from the Bureau of Economic Analysis (BEA)--the Federal Reserve’s preferred measure of inflation–that shows prices remain 5 percent higher than one year ago:
WASHINGTON, DC – On Wednesday, the House Committee on Ways and Means Subcommittee on Work and Welfare held a hearing to discuss the United States’ broken welfare system, specifically looking at the Temporary Assistance for Needy Families (TANF) program and ways to provide more opportunities for individuals to experience the dignity of work and build a more prosperous future ...
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, DC – During Tuesday’s House Ways and Means Committee hearing, Republicans questioned HHS Secretary Xavier Becerra on President Biden’s budget gimmicks, why he offers no plan to prevent $500 billion in looming cuts to Medicare, why HHS employees are not showing up to work, and why wealthy families are eligible for taxpayer-funded Obamacare ...
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"Chairman LaHood, Ranking Member Davis – I’m pleased to join you for the first hearing of the Work and Welfare Subcommittee in the 118th Congress. This is a first step in ensuring that welfare programs work for America’s families by helping lift them out of poverty instead of keeping them trapped.
"I know the ...
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"Good afternoon and welcome. I want to thank everyone for joining us for today’s important hearing on how we can restore work requirements to lift more Americans out of poverty.
"My name is Darin LaHood and I represent Illinois’ 16th District, covering much of the central and northwestern parts of the state.
"As ...
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"Thank you, Secretary Becerra, for testifying today before this committee.
"The President’s 2024 budget doubles down on harmful policies that will only make access and affordability of care worse: killing new medical innovation, false promises of Medicare solvency with real consequences, and ...
WASHINGTON, DC – Without any notice to the American public, the Biden Administration announced today they have entered into a critical minerals agreement with Japan that would send tax dollars to foreign corporations that produce electric vehicles (EVs) and open the door to future payouts to other countries.
Ways and Means Committee Chairman Jason Smith (MO-08) ...
As audits on middle-class families are slated to
