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Over 22,000 Small Businesses and 250 Trade Associations Agree: Bipartisan Tax Package Protects Jobs and Locks In $600 Billion of Pro-Growth Tax Benefits

January 25, 2024 — Blog

WASHINGTON, D.C. – The $600 billion of pro-growth tax incentives for American workers and small businesses locked in by the Tax Relief for American Families and Workers Act will support millions of American jobs and make the United States more competitive in the global economy. The legislation restores three key tax provisions ...

Three Key Moments from Hearing on Supporting Youth Aging Out of Foster Care

January 20, 2024 — Blog

WASHINGTON, D.C. – At the Ways and Means Work and Welfare Subcommittee hearing on supporting youth aging out of foster care, members heard testimony about the challenges foster youth in America face as they transition into adulthood and ways to improve federal child welfare programs. Every year, around 19,000 foster youth age out of the foster care ...

With Bipartisan Vote, Ways and Means Committee Approves Pro-Growth Tax Relief Package to Help Small Businesses, Promote American Competitiveness, and Support Working Families

January 19, 2024 — Blog

WASHINGTON, D.C. – In a bipartisan vote, the Ways and Means Committee approved legislation to help American job creators stay competitive, allow Main Street businesses to survive and grow, and give tax relief to working families struggling under the weight of elevated prices and interest rates. The Tax Relief for American Families and Workers Act ...

Chairman Smith and Ranking Member Neal Statement on Bipartisan Meeting with Ambassadors from Select African Growth and Opportunity Act (AGOA) Countries

January 18, 2024 — Blog

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) and Ranking Member Richard E. Neal (MA-01) released the following statement after hosting a bipartisan roundtable with Committee members and ambassadors from several African Growth and Opportunity Act (AGOA) countries. AGOA is a U.S. trade program focused on strengthening ...