Taxes
More on Taxes
The Joint Committee on Taxation (JCT) released its report on the Ways and Means Committee Tax Reform Working Groups. Congressman Adrian Smith (R-NE) and Congressman John B. Larson (D-CT), leaders of the Tax Reform Working Group on Financial Services, released the following statement:
The budget process is one of the most basic functions of government - to set priorities of how to best use tax dollars. Every year, Congress and the President are required by law to agree to a 10-year budget resolution to manage our nation’s long-term finances. However, for too long we have not used the budget process to improve the fiscal condition of our country.
Congressman Adrian Smith (R-NE) today issued the following statement after voting in favor of the H.Con.Res. 25, the House Republican Budget and H.R. 933, which funds the government for the remainder of Fiscal Year 2013: