Press Releases
Tax Scorekeeper Confirms Millions of Americans Making less than $400,000 Would Have Accounts Targeted Under Biden IRS Spying Scheme
WASHINGTON, D.C. - The nonpartisan Joint Committee on Taxation (JCT) has confirmed that an average of 87 million Americans earning less than $400,000 would have their account information reported to the Internal Revenue Service (IRS) under President Biden’s IRS targeting proposal. JCT’s response follows a request last month from House Budget Committee Republican Leader Jason Smith (MO-08), calling for an official assessment of how the Biden Administration’s proposal to empower the IRS to … Continue Reading
November 19, 2021
House Democrats Vote for Handouts to the Wealthy, Higher Prices and Lower Paychecks to Middle Class Families
WASHINGTON, D.C. - House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement today after House Democrats passed their partisan, multi-trillion dollar tax and spending bill: “Washington Democrats have spent months consumed by infighting and backroom dealmaking in pursuit of a partisan tax and spending agenda that bankrupts our economy, benefits the wealthy, and builds the Washington bureaucracy. At the same time, working families have been battling the … Continue Reading
November 18, 2021
Congressional Scorekeeper Confirms Democrat Tax & Spending Bill Not Paid For, Adds $800 Billion to Debt in 5 Years
WASHINGTON, D.C. - House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement after the Congressional Budget Office (CBO) released a full score of the House Democrats’ multi-trillion dollar tax and spending bill: “This analysis from the Congressional Budget Office is a clear indictment of the Democrats’ tax and spending agenda and the false promises that have gone along with it. CBO has confirmed that this bill is not fully paid for, despite promises from … Continue Reading
November 10, 2021
Smith Calls for Impact Analysis of Biden IRS Spying Scheme that Targets Working Families
WASHINGTON, D.C. - Today, House Budget Committee Republican Leader Jason Smith (MO-08), in a letter to the Joint Committee on Taxation (JCT), called for an official assessment of how the Biden Administration’s proposal to empower the Internal Revenue Service (IRS) to spy on the financial activity of American citizens - including working families, farmers, small businesses, and gig economy workers - would impact middle- to low-income Americans. Specifically, Smith outlined how the latest … Continue Reading
November 09, 2021
Smith, Graham Call for CBO Score on True Cost of Democrat Tax & Spending Bill
WASHINGTON, D.C. - In a letter today to the Congressional Budget Office (CBO), the top Republicans on the House and Senate Budget Committees pushed the agency to provide a true cost estimate of the Democrats’ tax and spending reconciliation bill if provisions within the bill were made permanent, as is the intent of Democrats. House Budget Committee Ranking Member Jason Smith (MO-08) and Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) noted that the reconciliation bill … Continue Reading
November 05, 2021
Smith Statement on Passage of Infrastructure Bill
WASHINGTON, D.C. - House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement today after House Democrats passed the infrastructure bill: “Tonight’s vote on the infrastructure bill is a perfect example of why obtaining a score of legislation from the Congressional Budget Office is important before Congress votes to enact new spending. Despite claims that the infrastructure bill was fully paid for, CBO showed a nearly $400 billion shortfall. At least members … Continue Reading
November 04, 2021
Smith: Biden’s Tax & Spending Bill Bankrupts the Economy, Benefits the Wealthy, Builds the Bureaucracy
WASHINGTON, D.C. – House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement today alongside the release of a fact sheet from House Budget Committee Republicans laying out the various ways the agenda being pushed by the Biden Administration and Congressional Democrats will benefit the wealthy at the expense of working families. “Washington Democrats have produced a tax and spending bill that will bankrupt the economy, benefit the wealthy, and … Continue Reading
November 01, 2021
Smith Op-Ed: Workers Vanish In Biden’s America
By Rep. Jason Smith Washington Times Just like those chatty in-laws or overly friendly neighbors who have a way of lingering on your doorstep, there are policies enacted by Congress that have overstayed their welcome. But unlike your esteemed neighbors and in-laws, these policies, if left to fester, can have disastrous consequences for the broader economy and the American people. Some of these policies were enacted during the COVID-19 pandemic. Unfortunately, the powers-that-be in … Continue Reading
October 28, 2021
$4.6 Trillion is Real Cost of Democrats’ “Framework,” Ultimately Adds $3 Trillion In New Debt
WASHINGTON, D.C. - In a hurried attempt to deliver on the multitude of promises made by Democrats over the last nine months, President Biden earlier today unveiled a so-called “framework” for a socialist tax and spending spree. A preliminary analysis by House Budget Committee Republicans has found that the Democrats’ proposed agenda will cost at least $4.6 trillion and could increase the nation’s debt by at least $3 trillion. “President Biden delivered another white paper full of Democrat … Continue Reading
October 28, 2021
Democrats Fail to Convince Themselves of Their Agenda
WASHINGTON, D.C. - House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement today as Democrats continue trying to convince themselves of their own agenda: “For months, Washington Democrats have been engaged in a reconciliation dog and pony show with members of their own party, attempting to convince themselves that their agenda is worth saving. The Democrats’ chaotic deal-making has consisted of backroom negotiations, public bullying tactics, and a … Continue Reading
October 27, 2021
Smith, Comer Call Out Biden Administration’s Failure of Accountability at Regulatory Agency, Lack of Transparency on Vaccine Mandate
WASHINGTON, D.C. - Today, House Budget Committee Republican Leader Jason Smith (MO-08) and House Oversight and Reform Committee Republican Leader James Comer (KY-01), in a letter to the Office of Management and Budget (OMB), excoriated the Biden Administration over its efforts to shortchange the federal rulemaking process in order to impose a national vaccine mandate on employers and called on the OMB Acting Director to immediately withdraw the rule. “With no Senate confirmed leadership at … Continue Reading
October 22, 2021
The Numbers Show Biden's Socialist Tax & Spending Agenda is Making Inflation Worse
WASHINGTON, D.C. - Since early Spring, President Biden and Washington Democrats have insisted that inflation is merely transitory while piling on trillions in new spending and debt. Today, inflation is skyrocketing as the prices of everyday household items continue to rise, threatening the livelihoods of millions of American families. With inflation on pace to reach its highest level in nearly forty years, President Biden and Washington Democrats are attempting to ram through a 2,400 page, … Continue Reading
October 19, 2021
CBO Confirms Health Care Policies in Democrats’ Tax & Spending Bill Reduce Private Health Coverage, Push Americans onto Government-Controlled Care, and Cost Hundreds of Billions.
WASHINGTON, D.C. - Today, the Congressional Budget Office (CBO) confirmed that the health care policies in the House Democrats’ reckless $4.3 trillion tax and spending reconciliation bill will push Americans off the health plans they have and like and onto government-controlled coverage, at a steep expense to American taxpayers. On October 5th, House Budget Committee Republican Leader Jason Smith (R-MO), House Energy and Commerce Committee Republican Leader Cathy McMorris Rodgers (R-WA), … Continue Reading
October 18, 2021
Smith Calls Out Biden Administration’s Continued Failure to Account for Impending Cuts to Medicare, Other Government Programs as a Result of Democrats’ Reckless Spending
WASHINGTON, D.C. - Today, House Budget Committee Republican Leader Jason Smith (MO-08), in a letter to the Office of Management and Budget (OMB), slammed the Biden Administration over its continued failure to follow the law by transparently accounting for impending cuts to critical government programs that will result from Congressional Democrats’ reckless spending. The Statutory Pay-As-You-Go Act of 2010 (PAYGO) requires that new mandatory spending be offset with mandatory spending cuts to … Continue Reading
October 14, 2021
Smith Op-Ed: The Democrats’ Sales Pitch Should Come With an Honest Price Tag
By Rep. Jason Smith Newsmax While today’s spending by Congress may not suggest as much, our nation does indeed have a debt limit - that is, a cap on how much the federal government can borrow in order to spend. If you turned on the news or read the paper lately, there is a good chance you have seen Democrats in Congress turning the issue into their latest self-created crisis. They have insisted that they cannot deal with it by themselves, despite controlling all of Congress and the White … Continue Reading
October 13, 2021
Smith: Republicans Will Not Co-Sign a Loan for the Democrats’ Radical Agenda
WASHINGTON, D.C. - House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement after the House of Representatives passed a short-term increase to the debt limit: “Washington Democrats already enacted nearly $2 trillion in spending this year. They now want another $4.3 trillion and counting, and they see raising the debt limit as a way to empower that radical agenda. Some Democrats have even suggested abolishing the debt limit so it no longer gets in the way … Continue Reading
October 07, 2021
Smith: Raising the Debt Limit Enables the Democrats’ Radical Tax & Spending Agenda
WASHINGTON, D.C. - House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement on the Senate's vote this evening to pass a short-term increase to the debt limit: “The history of the debt limit in Congress shows that it is not a tool used to enact more spending, but rather, a way to control Congress's appetite for deficit spending. Unfortunately, tonight's vote to increase the debt limit does nothing to get Washington's spending problem under control. The … Continue Reading
October 05, 2021
Smith Op-Ed: Democrats' Build Back Agenda is a Payback to Wealthy Allies
By Rep. Jason Smith Washington Examiner Inflation has reached its highest level in nearly forty years, eating away at paychecks and straining family budgets. The border crisis continues to rage, with the highest number of crossings in over two decades. Americans are still trapped in Afghanistan, living under Taliban rulers who are armed with billions of dollars’ worth of American-bought military equipment. But what concerns Washington Democrats these days is not how to address these … Continue Reading
September 28, 2021
Smith Floor Remarks on Infrastructure Bill: "The math simply does not add up"
As Prepared for Delivery Thank you, Madam Speaker. Republicans and Democrats agree: we need to invest in infrastructure. But today when our nation is running historically high deficits, when Democrats want to add trillions of dollars to our debt, and inflation is nearly the highest it has been in 40 years, we need to ensure these investments are paid for. When it comes to this bill, the math simply does not add up. We are told this bill has $589 billion in offsets. In reality, the CBO score … Continue Reading
September 25, 2021
Democrats Ignore Concerns of Working Families, Delay Action on Debt Limit, Push Trillions in Taxes & Spending
WASHINGTON, D.C. - House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement at the conclusion of today’s mark-up in the House Budget Committee on the Washington Democrats’ socialist, multi-trillion-dollar tax and spending spree: “Despite bipartisan opposition to advancing this bill out of the committee, the majority of Budget Committee Democrats adopted a reconciliation bill today that spends $4.3 trillion, increases taxes by over $2 trillion, and will add … Continue Reading
