Ways & Means
With its broad jurisdiction, the Ways and Means Committee impacts our pocketbooks, and in turn, nearly every aspect of our daily lives. The countries where Nebraskans can buy and sell goods, the taxes we pay, and the Social Security benefits some may receive are just a handful of the topics which fall under the committee's influence.
Learn more about how the Committee on Ways and Means impacts you by visiting the links below.
More on Ways & Means
This week President Biden delivered his first address to a joint session of Congress. He began by acknowledging the success of the COVID-19 vaccine development under the previous administration while touting its rollout under his own. Getting as many Americans as possible vaccinated is a key to reopening and rebuilding the economy across our country, and we should rightfully be proud of how quickly American ingenuity led to this lifesaving development.
Washington, D.C. – Congressman Adrian Smith (R-NE) has been selected to continue as Ranking Republican on the House Ways and Means Committee’s Subcommittee on Select Revenue Measures for the 117th Congress. The subcommittee has jurisdiction over federal tax legislation and the Internal Revenue Code. Smith released the below statement after Rep. Kevin Brady (R-TX), the Republican Leader for the Ways and Means Committee, announced his leadership role.
When I meet with hospitals and health care providers around Nebraska, both prior to and during the current pandemic, the impact of unnecessary regulations on their ability to provide care in rural areas is always at the top of their list of concerns. Over the last four years I have appreciated working with the Trump administration on these issues because of their persistent willingness to listen to rural Americans, take these concerns seriously, and act. We cannot afford to go in the other direction.
Expanding trade opportunities by opening more markets for U.S. ag producers, manufacturers, and service providers is one of the best ways to strengthen our economy and provide stability for producers and consumers. Finding new trading partners while strengthening existing relationships with allies like Japan, is of the utmost importance. The market access we gained in Phase One of the U.S.-Japan Trade Agreement, which President Trump signed last year, was significant and we should not squander the opportunity to complete the deal.
Washington, D.C. – Congressman Adrian Smith (R-NE), released the following statement after President Trump issued an Executive Order (EO) addressing rural health and telehealth concerns. This EO creates new ways of financing for rural health, and extensions of emergency telehealth waivers previously limited to the COVID public health emergency.
The Affordable Care Act (ACA) – also known as Obamacare – is ten years old. However, with ten years of hindsight, it is clear the ACA has been anything but affordable for Nebraska families. In the Third District, insurance on the ACA exchange often costs upwards of $30,000 for a family when you include annual premiums and deductible. Despite the ACA raising health insurance rates instead of lowering them, this week Speaker Pelosi brought a new ACA expansion bill (H.R. 1425) before the House of Representatives.
Washington, D.C. – Congressman Adrian Smith (R-NE), released the following statement after the United States-Mexico-Canada Agreement (USMCA) went into effect on July 1, 2020. The USMCA improves upon the North American Free Trade Agreement (NAFTA), which was signed more than 25 years ago, while the benefits of NAFTA to Nebraska agriculture remain intact for a future generation.
Washington, D.C. – Congressman Adrian Smith (R-NE), released the following statement after opposing H.R. 1425, the Patient Protection and Affordable Care Enhancement Act. H.R. 1425 would expand the so-called Affordable Care Act, implement government mandated drug price controls, and would punish states like Nebraska who followed a Supreme Court ruling and chose not to expand Medicaid.
Exports alone make up more than 12 percent of the United States GDP. Expanding trade markets benefits our economy, relationships with other countries, and consumers. With something so critical as trade, we need to constantly be thinking about ways to improve in this vital area. For this reason, while the ongoing pandemic has disrupted day-to-day life around our nation, the Trump administration has continued its work negotiating and implementing multiple trade agreements with the support of many in Congress.
Much has changed in the four months since President Trump signed the United States-Mexico-Canada Agreement (USMCA) into law back in December – not the least of which is the ongoing COVID-19 pandemic. However, what has not changed is the importance of this agreement.
Recovering financially from the economic damage caused by the pandemic will require an all-out effort on a nation-wide scale. Thankfully, the American people have demonstrated toughness and resilience throughout our history. We know we will get through this.