Taxes
More on Taxes
Many Americans, including myself, are often frustrated by the inability of Congress to get important legislation passed. Congress was unable to agree to a new long-term Farm Bill last year. The Senate has not passed a budget in nearly four years. And it seems like Congress and the President are locked in constant showdowns to avoid the latest ceiling, cliff, or shutdown.
Congressman Adrian Smith (R-NE) and Congressman John B. Larson (D-CT) are encouraging members of the public, organizations, researchers and other stakeholders to submit comments, information, facts, and data relevant to the review of the current tax code being conducted by the House Committee on Ways and Means.
The so-called “sequester” is the latest showdown to grip the attention of Washington and the nation. The House of Representatives voted twice to replace these arbitrary cuts before the March 1 deadline with commonsense reductions and reforms. However, these cuts are now in effect because the President and the Senate have yet to propose and pass a viable alternative.
This week, President Obama delivered the annual State of the Union address to a joint session of Congress. The speech is a great tradition and it is an important opportunity for the President to share his vision with Congress and the American people.
Today Congressman Adrian Smith (R-NE) and Congressman John B. Larson (D-CT) announced they are leading the Tax Reform Working Group on Financial Services. The group is one of eleven bipartisan groups established by the House Committee on Ways and Means to inform its work on comprehensive tax reform.
Congressman Adrian Smith (R-NE) released the following statement responding to President Obama’s State of the Union Address:
The House, Senate and President all recently agreed to last-minute legislation to stop automatic tax increases and delay arbitrary defense spending cuts known collectively as the “fiscal cliff.” The President had consistently said the fiscal cliff must be resolved through a “balanced approach” to deficit reduction including new tax revenues as well as spending cuts.
Washington, D.C. – Congressman Adrian Smith (R-NE) made the following statement after voting against the Senate’s fiscal cliff agreement:
Congressman Adrian Smith (R-NE) sent a letter to Speaker John Boehner (R-OH) requesting the inclusion of farm policy in any year-end legislative package considered by the House of Representatives. Smith’s letter also was signed by Congressman Lee Terry (R-NE).