U.S. Rep. Jason Smith (R-Cape Girardeau)
U.S. Government: Agencies/Departments/Divisions | Elected U.S. Legislators
Recent News About U.S. Rep. Jason Smith (R-Cape Girardeau)
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Chairman Jason Smith criticizes economic impact of Biden-Harris policies
House Ways and Means Committee Chairman Jason Smith expressed concern over the rising core inflation rate, as indicated by the Federal Reserve's Personal Consumption Expenditure (PCE) index.
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Smith, Crapo respond to Biden's Taiwan tax relief plan
House Committee on Ways and Means Chairman Jason Smith and Senate Committee on Finance Ranking Member Mike Crapo have issued a statement regarding the Biden Administration's recent announcement on Taiwan double-tax relief.
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Ways and Means Chairman urges state investigations into nonprofits' alleged antisemitic activities
Tax-exempt organizations accused of promoting antisemitism and having possible connections to foreign terrorist groups have been referred for investigation.
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Concerns rise over economy and security under Biden-Harris administration
Like many Americans, concerns about the nation's direction have been raised in light of recent events.
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Congressional leaders criticize new SSA rules for significant taxpayer cost
Four rules recently finalized by the Social Security Administration (SSA) have sparked criticism from key members of Congress. The rules, which are projected to cost taxpayers nearly $40 billion over the next decade, are seen as part of what some lawmakers describe as an expansion of federal power under the Biden-Harris Administration.
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U.S. Innovation Tax Team highlights impact of 2017 Trump tax cuts across America
The Ways and Means U.S. Innovation Tax Team, under the leadership of Representative Ron Estes (KS-04), has conducted a series of events nationwide to emphasize the effects of the 2017 Trump tax cuts. These events aimed to showcase their role in promoting business growth, job creation, and research investment within the United States.
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Biden-Harris administration faces criticism over IRS audit plans for middle-class
Two years after the Biden-Harris Administration allocated $80 billion to the IRS, concerns are mounting over increased audits on middle- and low-income taxpayers. A recent watchdog report highlights a lack of planning to protect these groups from additional scrutiny.
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Speaker vows continued fight against abortion
As a person of faith, the speaker emphasizes their commitment to protecting unborn lives, expressing pride in receiving an A+ rating from Susan B. Anthony and a 100% rating from the National Right to Life scorecard. They highlight the significance of the Supreme Court's decision in Dobbs v. Jackson Women’s Health Organization as a major pro-life victory but stress that efforts to protect unborn lives continue.
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Ways and Means Committee hosts events nationwide discussing future of Trump tax cuts
The Ways and Means Committee Tax Teams have conducted over 120 events across 20 states to address the impending expiration of the Trump tax cuts in 2025. These events included roundtables and site visits where committee members engaged with workers, business owners, and community leaders about the potential impact of Vice President Harris's proposed repeal of these tax cuts.
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Treasury sanctions charity linked to terrorism following congressional investigation
The U.S. Department of the Treasury has imposed sanctions on Samidoun, labeling it as a "sham charity" that acts as an international fundraiser for the Popular Front for the Liberation of Palestine (PFLP), a designated terrorist organization. This action follows recommendations from Ways and Means Republicans to revoke tax-exempt status for organizations linked to foreign terrorist entities.
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Ways & Means discusses tax policy impacts with St. Louis business leaders
Ways and Means Committee Chairman Jason Smith, alongside Representatives Darin LaHood and Ann Wagner, held a roundtable discussion in St. Louis, Missouri. The event focused on the potential impact of a proposed $7 trillion tax hike by the Biden-Harris Administration. Local business leaders and workers voiced concerns about the economic implications.
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IRS postpones unpopular reporting rule amid criticism
The Internal Revenue Service (IRS) has postponed the implementation of a controversial reporting requirement under the 1099-K provision of the American Rescue Plan Act of 2021. This move delays increased scrutiny on millions of Americans using third-party payment platforms for transactions over $600, originally set to take effect in tax year 2022.
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Critics question effectiveness of Biden-Harris economic agenda amid rising costs
Over recent months, discussions around the Biden-Harris administration's economic policies have intensified. Some critics argue that these policies have not succeeded in benefiting everyday Americans such as farmers, workers, and small business owners. They claim that since President Joe Biden and Vice President Kamala Harris assumed office, economic challenges have persisted for many.
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Chairman Smith criticizes Biden-Harris administration over rising costs
House Ways and Means Committee Chairman Jason Smith has voiced concerns following the release of the Consumer Price Index (CPI) for September 2024 by the Bureau of Labor Statistics. In a statement, Smith criticized the Biden-Harris Administration's policies, attributing a 20 percent increase in prices to their actions.
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Ways & Means Committee discusses future of Trump-era tax cuts amid proposed hikes
Kansas City, Missouri – Ways and Means Committee Chairman Jason Smith (MO-08), along with Representatives Ron Estes (KS-04) and Mark Alford (MO-04), held a roundtable discussion at Superior Linen Supply Company in Kansas City. The event aimed to gather insights from local business leaders on how Congress can continue the momentum of the 2017 Trump tax cuts and prevent a proposed $7 trillion tax increase by the Biden-Harris Administration next year.
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Jason Smith marks anniversary of terrorist attack on Israel with renewed commitment
Ways and Means Committee Chairman Jason Smith issued a statement on the anniversary of the October 7th attack on Israel. The attack, carried out by Hamas terrorists, resulted in the deaths of over 1,200 people and left thousands injured.
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U.S.-Israel relations stressed amid escalating tensions with Iran
On October 1, the population of Israel was advised to take shelter due to an attack involving nearly 200 ballistic missiles from Iran. This event followed a shooting and stabbing incident in Tel Aviv, which resulted in seven deaths and eight injuries. Among the victims was a mother who died protecting her nine-month-old child.
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Chairman Smith criticizes Biden-Harris Administration over job losses
Ways and Means Committee Chairman Jason Smith has criticized the Biden-Harris Administration following the release of the September 2024 jobs report by the Bureau of Labor Statistics. According to Smith, "The Biden-Harris Administration has had the last 1,353 days to be the champion of small businesses and workers, and they have instead chosen to make life harder for families and Main Street." He attributes recent economic challenges such as job losses in small businesses and manufacturing sectors to policies enacted under this administration.
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Biden-Harris policy may shift billions in Medicare costs onto taxpayers
The Congressional Budget Office (CBO) has released an analysis of a new program by the Biden-Harris administration aimed at reducing seniors' Medicare Part D premiums. The CBO estimates that this initiative could cost taxpayers at least $7 billion in 2025, with potential expenses exceeding $21 billion over three years.
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Ways & Means Committee reviews impacts of expiring Trump-era tax cuts
Since April, the Ways and Means Committee Tax Teams have conducted over 100 events across 18 states. Their aim is to explore how Congress can extend the expiring provisions of President Donald J. Trump’s 2017 tax law and prevent the Biden-Harris Administration's proposed $7 trillion tax hike. They also seek to reform the tax code for American workers, manufacturers, small businesses, and farmers.