House Ways & Means Committee
U.S. Government: Elected Officials | U.S. Congressional Committees
Recent News About House Ways & Means Committee
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The Ways and Means Committee of the United States Congress has focused its efforts in 2023 on addressing the needs and priorities of working families, small businesses, and farmers, while also ensuring transparency and accountability in government. Led by Chairman Jason Smith, the committee has made significant strides in advancing solutions to the challenges facing the country.Chairman Smith expressed the committee's commitment to working families, stating, "The Ways and Means Committee hit the ground running in 2023 - refocusing the Committee's work on the needs and...
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WASHINGTON, D.C. - A recent release of evidence by the Ways and Means Committee has shed light on the fact that President Joe Biden was complicit in his son Hunter Biden's global influence-peddling scheme. This revelation raises concerns about the abuse of office and the potential for the President's son to sell access to the White House.Contrary to previous claims by President Biden and his allies, the evidence shows that Joe Biden was not only aware of his son's business dealings but actively participated in them. The Ways and Means Committee has uncovered mountains of...
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Veteran service organizations (VSO) play a crucial role in supporting veterans as they transition back to civilian life and take care of military families. These organizations provide a community that honors the sacrifices made by veterans during their time in the armed forces. However, under current law, donations to VSOs are not tax-exempt if more than 10 percent of their membership are not classified as "wartime veterans."This unfair distinction has a particularly negative impact on VSOs that serve veterans of recent wars, such as those who have served in Iraq and...
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In a recent hearing of the Ways and Means Subcommittee on Oversight, members discussed the alarming lack of transparency surrounding the influence of money from foreign nationals on the American political system. The focus was on how nonprofit organizations, specifically 501(c)(3) and 501(c)(4) organizations, can funnel millions of dollars from foreign donors into the political system without any trace. This loophole allows foreign nationals to potentially manipulate American elections through tax-exempt charities.One example highlighted during the hearing involved a...
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In a recent speech on the House floor, Chairman Smith reaffirmed Congress's authority to conduct an impeachment inquiry and gather evidence. He emphasized the importance of transparency and the American people's right to know the truth. Chairman Smith stated, "The American people deserve answers."The focus of Chairman Smith's remarks was President Biden's alleged involvement in his family's overseas business dealings. He accused the President of hiding his knowledge and role in these dealings from the public. Despite overwhelming evidence, President Biden has refused to...
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House Ways and Means Committee Chairman Jason Smith has expressed concern over the high interest rates that are negatively impacting families and small businesses, attributing them to President Biden's inflation crisis. Following the December meeting of the Federal Reserve's Federal Open Market Committee, Chairman Smith stated, "Even the Federal Reserve remains concerned about inflation, deciding to keep interest rates at levels that have locked families out of buying a house and small businesses from expanding. This is not a win."Despite the Federal Reserve raising rates...
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During a recent Oversight Subcommittee hearing on the "Growth of the Tax-Exempt Sector and the Impact on the American Political Landscape," concerns were raised about the potential for tax-exempt charities to influence the political process. Subcommittee member Representative David Schweikert expressed his alarm at the flow of large sums of money from foreign nationals into U.S.-based 501(c)(3)s and 501(c)(4)s that are then used to influence American politics.Schweikert highlighted the loophole that allows foreign nationals to indirectly donate to U.S. candidates for...
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December 13, 2023Ways and Means Committee Chairman Jason Smith (MO-08) expressed his support for the House of Representatives' decision to formally launch an impeachment inquiry into President Joe Biden. The vote signifies Congress's constitutional authority to demand documents and testimonies regarding an investigation into President Biden's involvement in his family's foreign business dealings and potential campaign finance violations during his 2020 presidential campaign.In a statement, Chairman Smith emphasized the importance of transparency and the need for...
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In a hearing held on December 13, 2023, Chairman Smith expressed his concerns regarding tax-exempt charities and their potential influence on the American political process. He stated, "Some individuals are acting like a wolf in sheep’s clothing and setting up tax-exempt organizations for the purposes of affecting our political process."Smith acknowledged the significant growth in the number of tax-exempt organizations in recent years, coinciding with a substantial influx of capital. He pointed out that there are now nearly three times the number of charities in the...
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Washington, D.C. - House Ways and Means Committee Chairman Jason Smith expressed concern over the impact of rising prices on families during the holiday season. The Consumer Price Index (CPI) revealed a 17.4 percent increase since President Biden assumed office. Chairman Smith highlighted that this inflation crisis is making it difficult for parents to afford holiday meals and presents for their children. He criticized the lack of action from Democrats in addressing the high cost of living, stating that working families are aware of the truth and are forced to leave items...
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WASHINGTON, D.C. - The recent release of over 1,100 pages of evidence by the Ways and Means Committee, coupled with the indictment of Hunter Biden for felony tax crimes, has brought to light the credibility of the two Internal Revenue Service (IRS) whistleblowers. These whistleblowers were instrumental in exposing Hunter Biden's alleged criminal activities and the Department of Justice's efforts to protect him and his father, President Joe Biden.The Ways and Means Committee recently heard additional testimony from the whistleblowers, which revealed a clear connection...
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Chairman Smith of the Energy & Commerce Committee delivered a speech on the House floor today, urging his colleagues to support the Lower Costs, More Transparency Act. The bill, according to Smith, "empowers patients and will lower health care costs for millions of Americans."Smith emphasized the bipartisan nature of the bill, thanking his colleagues on the Energy & Commerce and Education & the Workforce Committees for their collaboration. He acknowledged the struggles that American families face in affording the cost of their health care, stating that the current system...
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Washington, D.C. - The House of Representatives has passed the Lower Costs, More Transparency Act, a landmark bipartisan legislation aimed at lowering the cost of health care and increasing price transparency for patients. The bill, led by House Ways and Means Committee Chair Jason Smith, House Energy and Commerce Committee Chair Cathy McMorris Rodgers, Ranking Member Frank Pallone, Jr., and House Education and the Workforce Committee Chair Virginia Foxx, seeks to empower patients and create incentives for lower prices in the health care market.Chair Smith emphasized the...
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WASHINGTON, D.C. – In the wake of recent revelations about the connections between American tax-exempt charities and terrorism, the Ways and Means Committee has taken action to combat this issue. During a hearing in November, witness testimony exposed the alarming links between these charities and terrorist organizations. The Committee delved into the history of U.S. tax-exempt groups financing terror, including the Holy Land Foundation, which funneled $12.4 million from Americans to fund Hamas before being shut down by the U.S. government in the early 2000s. Shockingly,...
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The committee passed both the Bipartisan HSA Improvement Act of 2023 and the HSA Modernization Act of 2023 with the primary goal of expanding eligibility and enhancing the functionality of HSAs
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Chairman Smith Opening Statement: Markup of Views and Estimates, Oversight Plan for the 118th Congress, and the Protecting Taxpayers and Victims of Unemployment Fraud Act
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Chairman Smith Opening Statement: Markup of Budget Views and Estimates
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Chairman Smith Opening Statement: Markup of Oversight Plan for the 118th Congress
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Chairman Smith Opening Statement: Markup of H.R. 1163, the Protecting Taxpayers and Victims of Unemployment Fraud Act
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Congressional Republicans Push for Transparency, Accountability of Drug Price-Setting Fund