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, DC – Congressman Adrian Smith (R-NE) led a bipartisan letter with Congressman Ron Kind (D-WI) urging U.S. Trade Representative Ron Kirk to ensure the strongest possible sanitary and phytosanitary (SPS) measures in the Trans-Pacific Partnership (TPP) to promote American agricultural exports across the Asia-Pacific region.
Current tax rates are set to expire at the end of the year, resulting in the largest tax increase in American history. This economic calamity, known as “Taxmegeddon” or the “Fiscal Cliff,” could not come at a worse time for taxpayers.
Washington, DC – Congressman Adrian Smith (R-NE) issued the following statement after voting in favor of H.R. 8, which would prevent the largest tax hike in American history when the current rates expire at the end of the year. Tomorrow, the House is expected to pass H.R. 6169, which would provide an expedited process for comprehensive tax reform in 2013.
America’s relationship with Russia is complex. Russia is currently the world’s ninth largest economy and growing. In 2011 alone, Nebraska exported $154 million worth of goods to Russia, which directly supported an estimated 560 jobs here at home. However, I and many others remain concerned regarding Russia’s recent behavior and trading policies.
America’s economy is stagnant and showing few signs of growth. The private sector is being strangled by government regulation, an overly-complex and uncompetitive tax code, and uncertainty generated by the threat of tax increases, an onerous health care law, and the ever expanding national debt.
The U.S. economy added just 80,000 jobs in June and the national unemployment rate remained above 8 percent for the 41st consecutive month.
Later this month, the Supreme Court is expected to rule on the constitutionality of President Obama’s health care law, formally known as the Patient Protection and Affordable Care Act. Make no mistake, this will be a landmark decision with profound implications for the future of our country.
Washington, DC –Congressman Adrian Smith (R-NE) today participated in a Ways and Means Committee hearing which examined tax fraud. The hearing also focused on whether the Internal Revenue Service (IRS) and the Social Security Administration (SSA) are doing enough to protect Social Security numbers to prevent and detect false returns.
Washington, DC – Congressman Adrian Smith (R-NE) today sent a letter to U.S. Trade Representative Ron Kirk and U.S. Secretary of Agriculture Tom Vilsack asking they work with the Colombian government to remove its unjustified sanitary and phytosanitary (SPS) requirements on certain pork imports. This unscientific trade barrier would cause U.S.
Washington, DC – Congressman Adrian Smith (R-NE) released the following statement on Tax Day: