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Factsheet: As Cost of Democrats’ Green Corporate Welfare Skyrockets, Big Business and China Profit (UPDATED)

April 25, 2023 — Blog

Working families and small businesses are realizing that Democrats’ latest green subsidy scheme will cost more than promised. Not only will their tax dollars go towards billion-dollar corporations, they will also flow to Chinese entities of concern and put American workers at a disadvantage. Ways and Means Chairman Jason Smith (MO-08) released the following fact sheet with this ...

Chairman Smith Remarks: Rules Committee Hearing on Solar CRA

April 25, 2023 — Press Releases

As prepared for delivery. "Chairman Cole, Ranking Member McGovern, thank you for holding this hearing today. I am glad we are using the gathering today to spend some extended time together. "As we sit here, China continues to cheat the United States through its predatory trade practices. Just this past December, the Commerce ...

Chairman Smith Remarks: Rules Committee Hearing on Limit, Grow, Save Act

April 25, 2023 — Press Releases

As prepared for delivery. "Thank you, Chairman Cole and Ranking Member McGovern. "It is good to be back in front of my friends at the Rules Committee. I have missed you. "I appreciate the opportunity to testify today on the solutions that Republicans have put forward in the Limit, Save, Grow ...

Chairman Smith: Limit, Save, Grow Act Follows Precedent of Pairing Spending Reforms with Debt Limit to Address America’s Fiscal Crisis

April 25, 2023 — Blog

Washington, D.C. – As President Biden continues to ignore years of precedent during which he previously supported negotiations over the inclusion of spending reforms to address America’s fiscal crisis as part of raising the debt limit, Republicans are taking action with the Limit, Save, Grow Act. As Republicans take up the common sense legislation this week, House ...

In Georgia, Small Businesses Share How GOP Pro Growth Tax Plans Continue to Make a Difference

April 22, 2023 — Press Releases

PEACHTREE CITY, GA – During a hearing held in an airplane parts manufacturing facility in Peachtree City, Georgia, small business owners told the Ways and Means Committee how the 2017 Tax Cuts and Jobs Act has made a difference in their lives and livelihoods and Congress should immediately work to extend expiring provisions. Workers, farmers, and small businesses have all faced ...

Chairman Smith Opening Statement – Field Hearing on the State of the American Economy: The South

April 21, 2023 — Press Releases

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 ...

4 Key Takeaways from the Ways and Means Hearing on the U.S. Tax Code Subsidizing Green Corporate Handouts and the Chinese Communist Party

April 20, 2023 — 'Inflation Reduction Act'

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 ...

Statement from Chairman Smith on IRS Whistleblower Outreach

April 19, 2023 — Blog

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after an employee of the Internal Revenue Service (IRS) sent a letter, through legal counsel, to the Chairman requesting the committee look into concerns the employee has regarding allegations of misconduct in the ...