WASHINGTON, D.C. – Congressman Vern Buchanan (FL-16) has been named Vice Chairman of the House Ways and Means Committee, Chairman Jason Smith (MO-08) announced today. As Vice Chairman, Congressman Buchanan will use his vast experience with the Committee and from the private sector to ensure Ways and Means delivers on the priorities of the American people, including tax relief, ...
WASHINGTON, DC – House Ways and Means Chairman Jason Smith (MO-08) released the following statement in response to the first reading of 2022 Q4 GDP showing 2.9 percent annualized growth: “After two straight quarters of decline in 2022, any economic growth is welcomed. Yet underlying demand and investment remains weak and half of the growth ...
WASHINGTON, D.C. – The House Ways and Means Committee, under a new Republican majority, has established an online form to assist Internal Revenue Service (IRS) personnel who wish to submit information confidentially to the Committee regarding any inappropriate behavior or mishandling of taxpayer ...
WASHINGTON, DC –A historic theft of taxpayer dollars from COVID-era unemployment programs is facing increased scrutiny as a new report released today from the General Accountability Office (GAO) adds to the growing body of evidence. The report only scratches the surface of what is publicly known about the unprecedented scope, size, and ...
A new report from the IRS watchdog finds that the tax collecting agency is already struggling to implement the massive infusion of $80 billion in new funding Democrats provided in the so-called Inflation Reduction Act. The agency is slated to release a spending plan next month, but the problems for the ...
WASHINGTON, DC – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement in response to the federal government hitting the debt ceiling: “The American people rightfully recognize that maintaining Washington’s status quo, which runs up massive deficits and adds trillions to our national debt, is unsustainable. They see how ...
Washington, D.C. – House Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement in response to Treasury Secretary Janet Yellen’s letter to congressional leadership on the debt limit: “Over the last two years, we have seen America’s debt crisis grow substantially as President Biden and ...
WASHINGTON, DC – On Varney & Co, House Ways and Means Chairman Jason Smith (MO-08) laid out his vision for the Ways and Means Committee – partnering with the American people to lower taxes, bring more investment to each community, become energy independent again, and bring more of the supply chain back home.
WASHINGTON – House Ways and Means Chairman Jason Smith (MO-08), House Republican Conference Chairwoman Elise Stefanik (NY-21), and House Financial Services Committee Chairman Patrick McHenry (NC-10) today reintroduced the Reduce Exacerbated Inflation Negatively Impacting the Nation (REIN ...
WASHINGTON, DC – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Consumer Price Index showed prices remaining at a 40-year high of 6.5 percent, with overall prices having risen 13.9 percent since Joe Biden became President: “President Biden and Washington Democrats created a vicious cycle of deficit spending leading to ...