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, Ways and Means Trade Subcommittee Republican Leader Adrian Smith (R-NE) and Health Subcommittee Republican Leader Vern Buchanan (R-FL) led committee Republicans in introducing the Protecting American Innovation Act, legislation to prevent President Biden from dismantling American innovation and handing over U.S. intellectual property to adversaries like China and Russia through negotiations about a potential waiver of certain obligations under the World Trade Organization's Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement.
This week President Biden delivered his first State of the Union address to a joint session of Congress. While I went into the evening open to hearing President Biden propose real solutions to urgent challenges like soaring energy and food prices, waves of illegal crossings at our southern border, and workforce shortages, I was disappointed by how readily he rehashed many of the failed policies of his first year in office which have put us in this position. Inflation is at a 40-year high, we have a serious supply chain crisis, and Russia has invaded Ukraine.
Washington, D.C. – Today, Congressman Adrian Smith (R-NE) released the following statement after President Biden's State of the Union address:
This week marked the official start of tax season. Unfortunately, tax filers everywhere can expect a frustrating process and potential lengthy delays on their returns.
Pre-COVID, the United States had a robust and booming economy, both in terms of economic growth and in terms of economic opportunity available to Americans in the workforce. This success was directly attributable to two of the biggest accomplishments to come out of the Ways and Means Committee in the past 25 years - welfare reform and comprehensive tax reform.
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.