WASHINGTON, D.C. – Falling far short of expectations, America’s economy grew by just 1.6 percent in the first quarter of 2024, according to a new Gross Domestic Product (GDP) estimate from the Bureau of Economic Analysis. The report also showed bad news for those hoping for relief from high prices and high interest rates: The personal consumption ...
“Passing the Tax Relief for American Families and Workers Act would vastly improve Republicans’ bargaining position going into the fight over the future of the Trump tax cuts.”
WASHINGTON, D.C. – Congress can more successfully build ...
WASHINGTON, D.C. – Reports indicate that individuals associated with organizations enjoying generous tax benefits under the U.S. tax code have direct ties to and may be under the influence of America’s foreign adversaries – including China.
WASHINGTON, D.C. – Today, Ways and Means Committee Chairman Jason Smith (MO-08) and Tax Subcommittee Chairman Mike Kelly (PA-16) announced the formation of ten Committee Tax Teams, comprised of Ways and Means Republican members, to study key tax provisions from the 2017 Trump tax cuts that are set to expire in 2025 and identify legislative ...
"Seniors could lose access to 280,000 nursing home beds, forcing older Americans to pick up and move to nursing homes far from friends and family, if they are lucky enough to find an open spot"
WASHINGTON, D.C. - House Ways and Means ...
“China Is Eating Our Lunch…Breakfast…Dinner…Dessert”
WASHINGTON, D.C. – The Biden Administration’s trade agenda is not much of an “agenda,” does little to advance the interests of American workers and producers, and has ...
WASHINGTON, D.C. – The Tax Relief for Working Families and Small Businesses Act would provide small businesses and households with targeted and immediate relief, writes Ways and Means Republican David Schweikert (AZ-01) in an op-ed ...
The Ways and Means Committee advanced six bills that take significant and historic steps to counter China’s unfair trade practices and protect American producers. These policies will stymie China’s attempts to exploit American trade and tax programs to fuel its growing global influence, including legislation to reform the General System of Preferences (GSP) and ...
Washington, D.C. - The Ways and Means Social Security Subcommittee heard testimony from Social Security experts about how the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) unfairly harm many public servants while allowing others to receive overly generous benefits. Witnesses identified how the outdated formulas used to ...
"We need to use trade policies to secure a specific objective for America – in this case, standing up to China, opening up markets for our farmers, and improving the national and economic security of America."
As prepared for delivery.