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Three Key Moments – Hearing on the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO)

April 18, 2024 — Hearing

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 Witnesses identified how the outdated formulas used to ...

Chairman Smith Announces Ways & Means Initiatives to Hold China Accountable and Support U.S. Farmers and Workers

April 15, 2024 — Blog

Washington, D.C. – Lawmakers are taking aim at China, holding the Biden Administration accountable, and leveling the playing field for American farmers and workers with a new series of trade and tax policies led by members of the House Committee on Ways and Means. The suite of bills include a major reform of America’s largest trade program to ...

Six Key Hearing Moments – Expanding on the Success of the 2017 Trump Tax Cuts

April 12, 2024 — Blog

WASHINGTON, D.C. – Ahead of the expiration of key components of the Tax Cuts and Jobs Act in 2025, the Ways and Means Committee is examining pro-growth and pro-family policies to determine how best to build on its success. Under the 2017 Trump tax cuts, real median household income increased by $5,000 and real wages rose by 4.9 ...