WASHINGTON, D.C. – Evidence shows the reforms to the child tax credit included in the Ways and Means Committee-passed Tax Relief for American Families and Workers Act are sound, pro-growth economic policies that will encourage more Americans to work, not the other way around. Ways and ...
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Centers for Medicare & Medicaid Services (CMS) took action last week to streamline prior authorization processes. The agency’s decision follows action taken by Ways and Means Committee members in advancing legislation last summer to ...
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 ...
WASHINGTON, D.C. - The Tax Relief for American Families and Workers Act saves taxpayers over $70 billion by ending the Employee Retention Tax Credit (ERTC), according to official analysis released this week by the Joint Committee on Taxation (JCT). Originally designed to help small businesses impacted by COVID lockdowns, the ...
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 ...
As prepared for delivery. "The bill before us today is the result of a bipartisan conversation this Committee started more than ten years ago about how to reform the tax code in a way that supports workers, families, and small businesses. That conversation, which continued over 40 bipartisan hearings, led to ...
Rep. Fischbach’s Supporting Pregnant and Parenting Women and Families Act would block a Biden Administration misguided rule targeting pregnancy resource centers WASHINGTON, D.C. - On Thursday, the House of Representatives passed H.R. ...
Chairman Smith: “There is still more work to do to make a difference for workers, families, farmers, and small businesses – and that includes providing tax relief that strengthens Main Street businesses, boosts our competitiveness with China, and helps families struggling with today’s high prices.”
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 ...
Washington, D.C. - Today, Ways and Means Committee Chairman Jason Smith (MO-08) applauded introduction of the Death Tax Repeal Act by Rep. Randy Feenstra (IA-04) that would permanently repeal the death tax, which imposes an unfair and costly tax on the transfer of property, land, and other assets from a deceased family member to heirs of family farms ...