Committee on Ways and Means GOP
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Recent News About Committee on Ways and Means GOP
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Smith, Crapo, Neal, and Wyden Announce Bipartisan, Bicameral Legislation to Approve First Taiwan Trade Initiative Agreement
U.S. House Ways and Means Committee Chairman Jason Smith (MO-08) and Ranking Member Richard Neal (MA-01), along with U.S. Senate Finance Committee Ranking Member Mike Crapo (R-ID) and Chairman Ron Wyden (D-OR), announced legislation to approve the first trade agreement signed under the U.S.-Taiwan Initiative on 21st-Century Trade, and set robust transparency and consultation requirements for any future agreements negotiated under the initiative.
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Smith, Crapo, Neal, and Wyden Announce Bipartisan, Bicameral Legislation to Approve First Taiwan Trade Initiative Agreement
U.S. House Ways and Means Committee Chairman Jason Smith (MO-08) and Ranking Member Richard Neal (MA-01), along with U.S. Senate Finance Committee Ranking Member Mike Crapo (R-ID) and Chairman Ron Wyden (D-OR), announced legislation to approve the first trade agreement signed under the U.S.-Taiwan Initiative on 21st-Century Trade, and set robust transparency and consultation requirements for any future agreements negotiated under the initiative.
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Smith Introduces the American Families and Jobs Act to Cut Taxes for Working Families, Grow Main Street Businesses, and Protect American Innovation & Competitiveness
In response to specific concerns raised by American workers, families, farmers, and small businesses during field hearings across the country, Ways and Means Committee members have introduced legislation to help struggling families, grow jobs, and support a stronger economy. Today, these solutions are being combined as part of a new legislative tax relief and jobs package by Ways and Means Committee Chairman Jason Smith (MO-08).
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Rep. Van Duyne Leads Legislation to Prevent China, Other Adversarial Nations from Acquiring American Farmland
Today, Congresswoman Beth Van Duyne (TX-24), a member of the House Committee on Ways and Means, introduced the Protecting American Farmland Act, which will prevent foreign adversaries from purchasing American farm and ranch land through a 60% excise tax paid by the buyer. Foreign ownership of U.S. farmland has risen steadily over the years, threatening the future of small family farms, and testing the strength of our agricultural supply chain.
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Ways and Means Committee Passes Tax Cuts for Working Families Act
The House Committee on Ways and Means, led by Chairman Jason Smith (MO-08), passed the Tax Cuts for Working Families Act today to provide American families with much-needed tax relief and alleviate the pain of the Biden inflation crisis. This legislation builds on successful provisions of the Tax Cuts and Jobs Act by increasing the doubled Guaranteed Deduction, which would put an additional $4,000 in the pockets of working Americans each year.
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Ways and Means Passes Bipartisan Legislation to Cut Red Tape and Improve Federal Responsiveness for Americans with Compromised Social Security Numbers
Americans whose Social Security numbers (SSNs) have been compromised or misused ought to have an easier time getting help from the Social Security Administration (SSA). To that end, the Ways and Means Committee adopted two bipartisan bills that cut red tape for Americans whose SSNs have been compromised or misused.
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Chairman Smith Committee Remarks: Paperwork Burden Reduction Act
Chairman Smith Committee Remarks: Paperwork Burden Reduction Act
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Chairman Smith Opening Statement: Markup of Health Care and Social Security Bills
Chairman Smith Opening Statement: Markup of Health Care and Social Security Bills
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WSJ: Biden OECD Tax Deal Makes “U.S. Even Less Competitive”
Without congressional input or oversight, the Biden Administration has negotiated a global tax surrender to foreign bureaucrats that will kill American jobs, cost America tax revenue, and hand Communist China a competitive edge in the global economy.
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Chairman Smith, Representative Panetta Introduce Bipartisan Legislation to Remove Paperwork Burden For Small Businesses and Workers
Outdated Washington mandates force small businesses to take time away from serving their customers and employees. Ways and Means Committee Chairman Jason Smith (MO-08) and Representative Jimmy Panetta (CA-19) introduced the Paperwork Burden Reduction Act to relieve employers and workers from outdated, burdensome rules requiring employers to mail no longer needed tax paperwork to employees.
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Malliotakis, Steel Lead Legislation to Provide Tax Relief to Working Families
Today Congresswoman Nicole Malliotakis (NY-11) and Congresswoman Michelle Steel (CA-45), members of the House Committee on Ways & Means, introduced the Working Families Tax Cut Act, legislation that would give middle-class Americans a guaranteed deduction bonus for the next two years.
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Chairman Smith: “Help Wanted” Signs in Store Windows Are Small Business’s Cry for Relief in Biden Economy
Signs reading “Going Out of Business” may soon begin appearing up and down main streets across America, as small businesses are increasingly preparing for a recession. For more than two years, small businesses have faced multiple crises that have left them with fewer workers, smaller inventories, and less income, whether it is skyrocketing prices, spiraling wages to stay competitive in the labor market, supply chain disruptions, labor shortages, or rising interest rates.
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Health Subcommittee Chairman Buchanan Opening Statement – Hearing on Why Health Care is Unaffordable: Anticompetitive and Consolidated Markets
“Today’s hearing will focus on the health care marketplace and how it’s become more consolidated and less competitive in recent years, leading to higher prices and fewer options for patients.
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House Passes Fiscal Responsibility Act Capping Wasteful Washington Spending and Holding Biden Admin Accountable
For the second time, the Republican-controlled House voted to address responsibly the debt ceiling and rein in wasteful Washington spending. The Fiscal Responsibility Act delivers important fiscal and economic policy victories for the American people, including caps on federal spending, work requirements to help lift Americans out of poverty, eliminating this year’s expanded IRS enforcement budget, clawing back tens of billions of COVID-19 funds – the largest rescission of previously authorized taxpayer dollars in history – and holding President Biden to account for his executive spending spree.
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Chairman Smith Floor Remarks: Fiscal Responsibility Act
“This debate was a long time coming. Not because it’s complicated, but because Democrats couldn’t accept the solution.
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Chairman Smith Remarks at Rules Committee: Fiscal Responsibility Act
“Chairman Cole, Ranking Member McGovern, thank you for the opportunity to say a few words about the legislation before us that addresses the debt ceiling and begins to address the spending binge that got us here.
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Five Moments from Trade Subcommittee Hearing on Modernizing America’s Customs Policies to Protect American Workers and Secure Supply Chains
At a Ways and Means Trade Subcommittee hearing on how the United States should modernize our customs policies, witnesses testified that our customs law should hold China accountable for unfair trade practices, root out forced labor in our supply chain, and equip Customs and Border Protection to combat illicit goods shipped through American ports while facilitating legitimate trade. Witnesses testified that effectively updating and enforcing U.S. law for all imports, including de minimis shipments, can stop illicit products such as those infringing American intellectual property or products made with forced labor from winding up in American stores and homes.
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NEWS: Ahead of HELP Hearing, Sanders and Murray Release Report on Worsening Child Care Crisis, Imminent Funding Cliff
Chairman Sanders and Former Chair Murray’s Report Finds the End of Critical Relief Funds Will Force Many Child Care Providers to Raise Tuition for Working Families, Reduce Wages for Workers, Serve Fewer Children, or Close their Programs for Good
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Three Top Moments From Social Security Subcommittee Hearing on Identity Fraud
On Wednesday, the Ways and Means Subcommittee on Social Security held a hearing to discuss the Social Security Administration’s (SSA) responsibility to do more to protect Americans from Social Security number (SSN)-related identity theft, as well as the government’s failure to help individuals whose SSNs have been compromised.
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Ways and Means Republicans Introduce Bill to Combat Biden’s Global Tax Surrender
Ways and Means Committee Chairman Jason Smith (MO-08), along with every Committee Republican, introduced H.R. 3665, the Defending American Jobs and Investment Act, to prevent President Biden’s global tax surrender from killing American jobs, surrendering sovereignty over our tax code, and handing a competitive advantage to the Chinese Communist Party.