Press Releases
Smith: Fed Rate Hikes Are Chronic Symptom of Democrat Economic Disaster
House Budget Committee Republican Leader Jason Smith (MO-08) released the following statement after the Federal Reserve continued its interest rate increases at the fastest pace in 40 years - raising interest rates by another 75 basis points, the sixth such increase since March, for a total increase of 3.75 percent: “Today’s interest rate increase, the sixth since March, is a chronic symptom of the economic disaster that continues to unfold under one-party … Continue Reading
October 28, 2022
Smith: Republicans’ Commitment to America Will Build an Economy That’s Strong
House Republicans’ Commitment to America will build an economy that’s strong by ending Democrats wasteful spending that sparked the highest inflation in 40 years, reduce gas prices by making more energy in America, and fix the broken supply chain. “The only plan that Democrats have to address inflation is to make it worse. After their $2 trillion American Rescue Plan left behind a massive trail of waste, fraud, and abuse of tax dollars and sparked the … Continue Reading
October 27, 2022
Smith: Biden's Economy is Not Working for Working Americans
House Budget Committee Republican Leader Jason Smith (MO-08) released the following statement after the first measure of Gross Domestic Product for the 3rd quarter was released: “While President Biden and Washington Democrats might try to take a victory lap with today’s report, economists and economic indicators all point to the fact that what we are witnessing is an uptick before an economic flatline. In the recession of 2007-2009, America saw a negative … Continue Reading
October 26, 2022
Smith Op-Ed: IRS abuse demands answers
By Rep. Jason Smith The Hill House Republicans recently announced our Commitment to America, and one of the pillars of that commitment is to hold Washington accountable to the American people. We made this commitment because we have listened to Americans who all across this country are experiencing the hardships and uncertainty created by an out-of-control government with an out-of-touch agenda under one-party Democrat rule in Washington and are rightfully concerned about what could … Continue Reading
October 20, 2022
Republicans Commit to Building a Nation That's Safe
House Republicans are committed to building a nation that’s safe which includes ending President Biden’s illegal freeze of border wall funds and providing the resources needed to secure the southern border, enforcing our laws, and upholding America’s national security. “Americans deserve to feel safe in their homes and neighborhoods. Unfortunately, violent crime and fentanyl overdoses are the price Americans are paying … Continue Reading
October 18, 2022
Smith Op-Ed: Biden and Democrats have no interest in cutting the deficit
By Rep. Jason Smith Washington TimesHigher prices on everything from gas to groceries are crushing Americans. Families are cutting back on the necessities, and nearly a quarter of seniors are reportedly delaying retirement, just to stay afloat. But today’s inflation crisis did not appear out of thin air. In his first 20 months in office, President Biden has set records for spending and debt which have driven the massive spike in prices we’re seeing today. In less than two years, … Continue Reading
October 15, 2022
Smith: Republicans' Commitment to America Demands a Future Built on Freedom
House Republicans have unveiled a Commitment to America – a commitment to create a future built on freedom that empowers American families, not the Washington bureaucracy. “Over the last two years, Democrats have shown their ultimate goal is gaining control over every aspect of Americans’ lives – whether it's stifling innovation in our health care or treating parents who speak up on behalf of their own kids’ … Continue Reading
October 13, 2022
Smith: Americans Are Fed Up with Unaffordable Democrat One-Party Rule
House Budget Republican Leader Jason Smith (MO-08) released the following statement after the Consumer Price Index showed inflation remains at a 40-year high of 8.2 percent, with overall prices having risen 13.9 percent since Joe Biden became President: "Americans are fed up with paying the price for one-party Democrat rule in Washington. In two years, Democrats have added $10 trillion in new spending and left taxpayers holding the bag. Families know that … Continue Reading
October 11, 2022
FACT SHEET: The Cost of One-Party Democrat Rule
Despite increasing spending by $10 trillion, President Biden continues to absurdly claim he is reducing the deficit. House Budget Committee Republican Leader Jason Smith (MO-08) today released a fact sheet exposing the true cost of one-party Democrat rule in Washington. Click here or on the image above to get the facts on the cost of one-party Democrat rule. “President Biden has repeatedly … Continue Reading
October 06, 2022
Smith: Republicans’ Commitment to America Demands an Accountable Government
House Republicans are committed to holding the government in Washington accountable by protecting America’s constitutional freedoms, investigating the crises created by Democrats’ failed policies, and restoring the people’s voice in Congress. “House Republicans are fighting to make the Biden Administration answer for the many crises its failed policies have created for the American people. Our first priority will be repealing the … Continue Reading
October 01, 2022
Smith Marks 500 Days of Waste from Democrats’ $2 Trillion “Rescue Plan”
On February 19, 2021, President Biden defended the size of the Democrats’ $2 trillion American Rescue Plan by asking: “What would they have me cut? What would they have me leave out?” For the last 500 days, House Budget Committee Republican Leader Jason Smith (MO-08) has been documenting the massive trail of waste, fraud, and abuse left behind by the $2 trillion Democrats shoved out the door under the guise of COVID – when at the time $1 trillion in already enacted … Continue Reading
September 30, 2022
CBO Confirms Competition & Transparency Lowers Health Care Prices
House Budget Committee Republican Leader Jason Smith (MO-08) released the following statement after the Congressional Budget Office (CBO) confirmed in a report published yesterday that policies which foster competition and transparency will yield lower health care costs for patients and deliver savings for taxpayers in the process: “Today’s CBO report confirms that choice, competition, and transparency - key pillars of Republicans’ Commitment to America - are drivers behind lowering health … Continue Reading
September 30, 2022
CBO Confirms Democrat Handout to Multiemployer Pension Plans Puts Taxpayers on the Hook for BILLIONS More
Today, Budget Committee Republican Leader Jason Smith (R-MO) and Education and Labor Committee Republican Leader Virginia Foxx (R-NC) issued the following statement after the nonpartisan Congressional Budget Office (CBO) confirmed that the Biden administration’s rule implementing Democrats’ uncapped handout to multiemployer pension plans will cost $4.5 billion more than CBO’s initial estimate: “CBO just confirmed what we’ve known all along. The price tag for Democrats’ taxpayer-funded … Continue Reading
September 26, 2022
CBO Reports $400 Billion Price Tag for Biden’s Welfare for the Wealthy Student Loan Cancelation Scheme
WASHINGTON, D.C. - President Biden’s unilateral decision to cancel up to $20,000 in student loan debt for households earning up to $250,000 will cost American taxpayers $400 billion, according to an analysis today from the Congressional Budget Office (CBO). CBO also found that the President’s decision to extend the moratorium on student loan repayments for another four months will cost American taxpayers an additional $20 billion: “President Biden’s transfer of student loan debt from the … Continue Reading
September 23, 2022
Smith Op-Ed: Thanks to Democrats, the IRS Is Coming to Your Front Door
By Rep. Jason Smith Washington Examiner Democrats in Washington just added $80 billion to the Internal Revenue Service’s (IRS) budget, supercharging and rewarding an agency that has a notorious track record of abusing its power for political purposes. Nine years ago, the Obama-Biden IRS was caught targeting conservative organizations leading up to the 2012 presidential election. People were assured the scandal would be thoroughly investigated, but the IRS was already busy destroying … Continue Reading
September 23, 2022
Smith: House Republicans’ Commitment to America Will Get America Back on Track After Reckless One-Party Democrat Rule
House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement after House Republicans unveiled the Commitment to America to create an economy that’s strong, a nation that's safe, a future that’s built on freedom, and a government that’s accountable: “For too long, American families have suffered one crisis after another as a result of the bad policies and reckless spending and taxes enacted by President Biden and Washington Democrats. Whether it’s an unsecure … Continue Reading
September 22, 2022
CBO Confirms Families are Falling Behind in Biden’s Economy
The Congressional Budget Office (CBO) confirmed that rising prices are destroying family budgets for Americans in every income bracket, according to a report published today. CBO notes that across the income spectrum, the Biden economy has made workers and families poorer and less financially secure, with working-class families falling the farthest behind. With America’s economy in recession, projections show that the cost of goods is expected to grow faster than income in 2022, forcing … Continue Reading
September 21, 2022
Spending-Fueled Spike in Prices and Rising Interest Rates Are a One-Two Punch to American Families
House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement after the Federal Reserve raised interest rates another 0.75 percentage points - the fifth rate increase since March and the fastest pace in 40 years. So far, interest rates have risen a cumulative 300 basis points in less than 7 months, making this the largest cumulative rate hike in 15 years: “The Democrat agenda of more spending and higher taxes has been a disaster for the American people. The … Continue Reading
September 20, 2022
Smith Resolution Requesting White House Documents on Biden Stimulus Checks Sent to Illegal Immigrants, Convicted Criminals, Foreign Citizens Blocked by Ways & Means Democrats
Today, Ways and Means Committee Democrats voted unanimously to block House Budget Committee Republican Leader and Ways and Means member Jason Smith’s (MO-08) resolution of inquiry (H.Res.1246) that requires the Biden Administration to provide records and documents, including correspondence, related to the number and total dollar amount of stimulus checks from the American Rescue Plan that were sent to convicted prisoners, non-U.S. citizens living abroad, illegal immigrants, and deceased … Continue Reading
September 20, 2022
Biden Administration Put on Notice Over Its Executive Action Overreach
WASHINGTON, D.C. - House Budget Committee Republican Leader Jason Smith (MO-08) and House Appropriations Committee Republican Leader Kay Granger (TX-12) put the Biden Administration on notice today that its attempts to skirt Congressional authority through Executive Branch rulemaking is unacceptable and unconstitutional, in a letter sent to the Office of Management and Budget (OMB). Smith and Granger cite the Biden Administration’s recent attempts to impose vaccine or testing mandates through … Continue Reading
