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
Washington, D.C. – Today, Reps. Adrian Smith (R-NE), Brad Schneider (D-IL), Larry Bucshon, M.D. (R-IN), Doris Matsui (D-CA), Earl L. “Buddy” Carter (R-GA) and Diana Harshbarger (R-TN) introduced the Equitable Community Access to Pharmacist Services Act. The members released the following statements:
Washington, D.C. – Today, Rep. Adrian Smith (R-NE), chair of the House Ways and Means Trade Subcommittee, along with Rep. Darin LaHood (R-IL), member of the Select Committee on the CCP and co-chair of the U.S.-China Working Group, and Rep.
The recent failures of Signature Bank and Silicon Valley Bank (SVB) have increased the concerns of many over the threat of a deepening international economic crisis. While the failure of major financial institutions is particularly troubling on top of the inflation and supply chain problems of the past two years, we should take time to ensure new policies enacted in response address real problems without harming the majority of local banks across states like Nebraska who are unconnected to the failed banks.
Washington, D.C. – Today, Rep. Adrian Smith (R-NE), Chairman of the Ways and Means Trade Subcommittee, released the following statement after the Office of the United States Trade Representative (USTR) announced their intent to formally request technical consultations on Mexico’s decree on biotech corn pursuant to the Sanitary and Phytosanitary (SPS) Chapter of the United States-Mexico-Canada Agreement (USMCA):
Washington, D.C. – Today, Ways and Means Trade Subcommittee Chairman Adrian Smith released the following statement on the Biden administration's 2023 Trade Policy Agenda and 2022 Annual Report:
When the United States-Mexico-Canada Agreement (USMCA) was approved by Congress and signed into law by President Trump in 2020, it received widespread bipartisan support. The USMCA was a historic achievement for trade relations between the U.S. and two of our most significant trade partners, and the United States’ strong posture throughout USMCA negotiations should serve as a model for future trade agreements.
A recent report from the Congressional Budget Office (CBO) projected our nation will add nearly $19 trillion to the national debt over the next 10 years. CBO projects the debt will equal 118 percent of gross domestic product 2033. With the national debt already in excess of $31 trillion, inflation hammering American families, and economic uncertainty threatening American small businesses, it’s clearer than ever we must put a stop to runaway spending in Washington.
Washington, D.C. – Today, Rep. Adrian Smith (R-NE) was named Chairman of the Trade Subcommittee of the House Ways and Means Committee. Smith released the following statement:
Just two weeks from the start of tax filing season, an efficient and functioning Internal Revenue Service (IRS) has never been more important. The overwhelming majority of Americans pay their taxes; however, 90 percent of the $80 billion in new IRS funding in the Inflation Act would pave the way for more audits on working class families.
Washington, D.C. – Rep. Adrian Smith (R-NE) and Rep. Michelle Steel (R-CA) released the following statement after the House passed H.R. 23, the Family and Small Business Taxpayer Protection Act, their bill to prevent the Internal Revenue Service (IRS) from using its massive, $80 billion infusion of taxpayer dollars to squeeze more revenue out of American taxpayers: