Small Business
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The costly consequences of unnecessary, burdensome regulations represent one of the greatest threats to future American prosperity. In fact, a 2024 report produced by the Biden-Harris administration showed, in the year prior, the annual government-wide paperwork burden on Americans increased by 1.6 billion hours to more than 12.1 billion. This is the highest total on record.
A new year brings a valuable chance to reflect on the accomplishments of the previous year and prepare for the opportunities ahead in the next. This week, it was especially meaningful to have my two young children with me as I was sworn in to serve Nebraska’s Third District as a member of the House of Representatives in the 119th Congress.
Washington, D.C. – Today Rep. Adrian Smith (R-NE) and Rep. Nathaniel Moran (R-TX) introduced the Family and Small Business Taxpayer Protection Act.
The remarkable character of the people of the Third District was unmistakable as I traveled around Nebraska during August.
According to a recent report by the Committee to Unleash Prosperity, regulations issued by the Biden-Harris Administration have cost the average American household a total of nearly $50,000.
As the 2024 tax deadline nears, Americans are well aware of the outsized impact the Internal Revenue Service can have on their time, attention, and pocketbooks.
Washington, D.C. – Today, Reps. Adrian Smith (R-NE), Danny K. Davis (D-IL), and Randy Feenstra (R-IA) introduced the bipartisan Small Business Dependent Care FSA Opportunity Act.
Economic hardships brought about by severe inflation and supply chain challenges continue, creating an ongoing affordability crisis in our country. Small businesses and families across the nation have had to make difficult choices and dig into savings to make ends meet in recent years. Inflation hits hardest those who can least afford it: those on fixed and low incomes.
Over the last month, I’ve had the opportunity to meet with constituents in many of the Third District’s 80 counties. It has been a busy time with many hours spent behind the windshield, and I'm encouraged by the Nebraskans doing so much to help our communities thrive.
Businesses across our economy – both small businesses supporting communities across Nebraska and manufacturers making and selling products at home and abroad – thrive under a broad-based tax code that rewards hard work and American innovation.