Economy
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Since President Biden took office inflation has increased every single month. At a time when our nation is trying to rebuild and recover in response to COVID-19, the Biden Administration and Congressional Democrats don't seem to mind that the price of everyday goods and services are on the rise while Nebraskan's paychecks are worth less. These things do not just happen.
Washington, D.C. – President Biden's crippling tax hikes on America's middle class and Main Street will reverse the gains from the Tax Cuts and Jobs Act, according to key witnesses at a Ways and Means Republican Meeting this week.
Pre-COVID, the United States had a robust and booming economy, both in terms of economic growth and in terms of economic opportunity available to Americans in the workforce. This success was directly attributable to two of the biggest accomplishments to come out of the Ways and Means Committee in the past 25 years - welfare reform and comprehensive tax reform.
Our national and global economy rely on the efficacy of supply chains. Supply chains are found in every industry, sector, and market, and include all actors involved in creating and bringing a product from start to finish. Farmers and ranchers, manufacturing facilities, retail, and the transportation in between, are all critical to the success of this multi-pronged system.
Many parts of the economy in our great state of Nebraska are thriving. However, the new slate of tax increase proposals coming from the Biden Administration will undermine the success of Nebraska, and states like it, by removing capital from family farms and small businesses at a time when we need to be encouraging economic growth.
Nebraskans know how important it is to protect our environment, especially the farmers and ranchers across the Third District whose livelihoods are tied directly to the land they cultivate, the water they use to irrigate, and animals they raise.
Washington, D.C. – Congressmen Adrian Smith (R-NE) and Jim Costa (D-CA) today along with Rodney Davis (R-IL), John Garamendi (D-CA), Dusty Johnson (R-SD), Troy Nehls (R-TX), Jimmy Panetta (D-CA), and Mike Thompson (D-CA), led a bipartisan group of colleagues in a letter to Michael A.
Washington, D.C. – Congressman Adrian Smith (R-NE), along with the co-chairs of the House Biofuels Caucus, introduced the Renewable Fuels Infrastructure Investment and Market Expansion Act and the Adopt GREET Act today.
Washington, DC – Congressman Adrian Smith (R-NE) took to the floor of the House of Representatives today to speak in opposition of the proposed budget reconciliation ahead of the vote on the American Rescue Plan Act of 2021. Smith voted against the American Rescue Plan Act of 2021.