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More on Economy

December 3, 2021 Column

The greatness of the United States stems not just from the political and religious freedom protected by our Constitution, but also the economic freedom it protects, ensuring individuals have the greatest possible opportunity to benefit from their hard work, ingenuity, and perseverance. Our state was built by homesteaders who were given the opportunity to build farms, businesses, and communities, earning the land they worked on through sweat equity. The hardworking people of Nebraska, and the communities where they work together, are what makes our state so great.

November 19, 2021 Column

There are no shortage of challenges facing Americans right now with our country reaching the highest level of inflation in three decades, a lack of workers to fill job openings nationwide, record illegal entry and smuggling at our southern border, and a supply chain unable to keep up with the demands of manufacturers and consumers. Despite facing these crises every day, we still have much to be thankful for as Americans.

November 19, 2021 Press Release

Washington, DC – Congressman Adrian Smith (R-NE) spoke on the floor of the House of Representatives opposing Democrats’ $1.7 trillion partisan social spending package, the Build Back Better Act. The bill passed the House 220-213 on a party line vote.

October 22, 2021 Column

It’s alarming to see half-built, new farm equipment sitting idle, car dealerships vacant, and store shelves empty, but this is the harsh reality behind President Biden’s current supply chain crisis. Across the country we are seeing bottlenecks and cargo backups at ports and terminals, as well as an abundance of workforce shortages causing massive delays throughout our supply chain. It is critical we take action now to address the stalemates preventing American products from both being produced and reaching consumers before matters worsen.

September 22, 2021 Press Release

Washington, D.C. –Today, Congressmen Adrian Smith (R-NE), Dusty Johnson (R-S.D.), and Rodney Davis (R-IL), Co-Chairs of the House Biofuels Caucus, sent a letter urging President Biden to uphold campaign promises he made regarding the Renewable Fuel Standard (RFS).

August 9, 2021 Column

Since President Biden took office inflation has increased every single month. At a time when our nation is trying to rebuild and recover in response to COVID-19, the Biden Administration and Congressional Democrats don’t seem to mind that the price of everyday goods and services are on the rise while Nebraskan’s paychecks are worth less. These things do not just happen. Inflation reaching a thirteen-year high is a direct result of poor leadership by Democrats, and the ripple effect is only going to get worse.

August 5, 2021 Press Release

Washington, D.C. – President Biden’s crippling tax hikes on America’s middle class and Main Street will reverse the gains from the Tax Cuts and Jobs Act, according to key witnesses at a Ways and Means Republican Meeting this week. Representatives Adrian Smith (R-NE), Ranking Republican on the Select Revenue Subcommittee, and Republican Leader of the Ways and Means Committee, Kevin Brady (R-TX) hosted the meeting. 

Ways and Means Republicans were joined by witnesses former Senator Phil Gramm (R-TX) and Larry Kudlow, former Director of the National Economic Council. 

July 23, 2021 Column

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.

June 29, 2021 Press Release

Washington, D.C.

June 4, 2021 Column

Our national and global economy rely on the efficacy of supply chains. Supply chains are found in every industry, sector, and market, and include all actors involved in creating and bringing a product from start to finish. Farmers and ranchers, manufacturing facilities, retail, and the transportation in between, are all critical to the success of this multi-pronged system. Over the course of the last year we have seen just how much we as consumers have taken for granted supply chains and the logistics behind them.