SIMI VALLEY, CA – Beneath Air Force One inside the Ronald Reagan Presidential Library, the Ways and Means Committee heard from Americans about how The One, Big, Beautiful Bill is a needed shot in the arm for small businesses, manufacturers, and farmers. Witnesses shared how the permanence of the tax cuts included in the law – the 20 percent small business deduction, the doubled Death Tax exemption, immediate expensing for research and development (R&D), interest deductibility, and a retu...| Ways and Means
Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after President Trump signed an executive order suspending...| Ways and Means
By Ways and Means Committee Chairman Jason Smith (MO-08)| Ways and Means
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the Federal Open Market Committee announced...| Ways and Means
Las Vegas, Nevada – In front of the iconic “Welcome to Las Vegas” neon sign inside of the warehouse of that actual sign manufacturer, the Ways and Means Committee heard directly from hardworking Nevadans about how they will benefit from The One, Big, Beautiful Bill. President Trump’s new tax relief for workers and seniors – no tax on tips, no tax on overtime, and no tax on Social Security – will put more money in the pockets of those Americans who need it most. Witnesses shared h...| Ways and Means
Ways and Means Committee Chairman Jason Smith (MO-08) delivered the following opening statement at a hearing held at the Ronald Reagan Presidential Library in Simi Valley, California on how The One, Big, Beautiful Bill gives permanent tax relief to farmers, small businesses, and manufacturers. | Ways and Means
Today, Ways and Means Committee Chairman Jason Smith (MO-08) delivered the following opening statement at a field hearing in Las Vegas, Nevada on how The One, Big, Beautiful Bill benefits workers and families. | Ways and Means
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after Australia agreed to allow...| Ways and Means
WASHINGTON, D.C. – Americans recovering from a natural disaster will receive new tax relief under bipartisan Ways and Means Committee legislation signed into law by President Trump. The Filing Relief for Natural Disasters Act, H.R. 517, removes the immediate burdens and hassle of filing taxes after a natural disaster by allowing the Treasury Department to postpone filing deadlines for Americans living in a state-declared disaster area that has not yet received a federal disaster designati...| Ways and Means
WASHINGTON, D.C. – The rapid growth of Medicare Advantage (MA) enrollment in recent years has created an opportunity for Congress to improve and enhance the program to better serve MA beneficiaries in years to come, especially in rural areas, witnesses told members of the Ways and Means Subcommittee on Health and Subcommittee on Oversight.| Ways and Means