WASHINGTON, DC – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Federal Reserve continued its interest rate increases at the fastest rate in 40 years – raising rates another 25 basis points, for a total of 4.5 percent, the eighth increase since March 2022 and cumulatively larger than the past 15 years combined: “With the ...

WASHINGTON, DC – House Ways and Means Chairman Jason Smith (MO-08) released the following statement after the Organization for Economic Co-operation and Development (OECD) published guidance on February 2 regarding the treatment of tax credits and allocation of tax among countries within its global minimum tax project: “This announcement ...

House Committee on Ways and Means Chairman Jason Smith (MO-08) announced today that the Committee will hold a field hearing on the State of the American Economy: Appalachia. The hearing will take place on Monday, February 6, 2023, in Petersburg, West Virginia.  “During our first official hearing of the ...

WASHINGTON, DC - In response to the Biden Administration’s failure to provide timely accountings of the size, scope, and severity of pandemic fraud perpetrated on the American public, House Ways and Means Chairman Jason Smith (MO-08)

WASHINGTON, DC – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the United States Trade Representative (USTR) announced a formal request to establish a dispute settlement panel to investigate Canada’s dairy practices under the United States-Mexico-Canada Agreement (USMCA): “American farmers deserve a level playing ...

President Biden and congressional Democrats should listen to Americans demanding fiscal responsibility and address record debt and deficits through debt ceiling negotiations, said Ways and Means Committee Chairman Jason Smith (MO-08) yesterday on Fox Business’s Cavuto Coast to Coast.

WASHINGTON, DC - House Ways and Means Chairman Jason Smith (MO-08) issued the following statement after the House of Representatives passed H.R. 382, the Pandemic Is Over Act: “It took House Republicans breaking up one-party Democrat rule in Washington to force President Biden to take the ...

Washington, DC - House Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement today in formally releasing the full roster of the House Ways and Means Committee for the 118th Congress: “Ways and Means has a storied history of rising to the occasion to tackle America’s biggest challenges. Every family, ...

WASHINGTON, DC – At the Organizing Meeting for the House Committee on Ways and Means, Chairman Jason Smith (MO-08) laid out the agenda for the 118th Congress, including tax relief for middle-class families, fighting the inflation hitting family budgets, ending the labor shortage crushing small businesses, promoting trade policies that open markets to American ...

WASHINGTON, DC – House Ways and Means Chairman Jason Smith (MO-08) released the following statement after the Bureau of Economic Analysis issued its report for December’s personal consumption expenditures (PCE) showing prices increased 5.0 percent from one year ago: “Inflation is still way too high for families and small businesses. Americans are still experiencing the now-familiar ...