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 Witnesses identified how the outdated formulas used to ...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."
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"The WEP and GPO were intended to make Social Security more fair, but for millions of Americans, they’ve fallen far short."
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"Good afternoon, everyone and welcome to ...
"The Administration has also unfortunately chosen a go-it-alone trade policy that consists of endless dialogues and unenforceable trade 'frameworks' that fail to open new markets to American products and circumvent Congressional constitutional authority over trade."
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 ...
“The Tax Relief for American Families and Workers Act – legislation that passed the House of Representatives earlier this year with broad bipartisan support – will allow working parents to keep more of their hard-earned dollars.”
WASHINGTON, ...
By Ways and Means Committee Chairman Jason Smith (MO-08)
Agri-Pulse
American farmers and ranchers have faced increasing ...
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"I rise today in support of H.R. 6408, bipartisan legislation introduced by Ways and Means members David Kustoff and Brad Schneider.
"This commonsense bill revokes the tax-exempt status of entities that have been found to be ...
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 ...
