🧵 This National Small Business Week, small business optimism is at its lowest level since 2012.

Simply put, America’s small biz owners can’t keep up with the Biden administration’s overregulation and inflationary policies.

ICYMI: Recently, I challenged Secretary Janet Yellen on the global minimum tax, pointing out how it will lead to a subsidy war that ultimately benefits our adversary, China. Pillar Two will trigger a new race for tax subsidies and our American taxpayers simply can't afford to play this game.

As Chairman of the Ways and Means Committee Subcommittee on Work and Welfare, I was proud to host an important field hearing in Chicago about the dignity of work and lifting folks out of poverty.

Nine out of 10 small businesses in this country rely on the critically important 20% tax deduction, which enables them to grow their business and hire more workers.

Mind-boggling that the U.S. Treasury Secretary is seemingly unaware of the devastating effect allowing this…

American taxpayers should never be forced to subsidize nonprofits that are contributing to Hamas or other forms of radical Islamic terrorism.

At yesterday's Ways and Means Committee hearing, I demanded Biden's Treasury Department detail how they are ensuring our tax dollars aren't…

President Biden “didn’t just violate his pledge to not raise taxes on anyone making under $400,000; he shattered it” by boasting about his plan to raise taxes on working American families.

Counter to this damaging approach, I’m working with my Ways and Means Committee colleagues to…

Who is funding these heinous anti-Semitic protests against Jewish students? Ways and Means Committee is dedicated to getting to the bottom of it.

The Biden Administration has interpreted “free trade” so broadly it now includes critical mineral agreements between the United States and other countries.

I asked Treasury Secretary Yellen why the White House skirted Congressional approval fof these agreements and also why the…

No matter how Secretary Yellen tries to spin it, cumulative inflation is up by more than 19% since Jan. 2021 when President Biden took office – this is not 'transitory' inflation and it causes real pain to Kansas families. I'm working to curb the reckless spending driving this.

While the $7.3 trillion top-line price tag of President Biden’s budget is bad enough, it’s the fine print that’s frightening.

This budget extracts as many taxes as possible from our families, farmers & businesses.

Republicans will not support this plan.
nwestiowa.com/opinion/feenst…

The Administration’s recent budget assumes that the Tax Cuts and Jobs Act provisions will expire at the end of the year, meaning the standard deduction and child tax credit would be cut in half. This would hurt the families that need relief the most. I asked Treasury Secretary…

Two things are true about Biden’s budget no matter how they spin it:

1⃣It adds over $16 trillion to the debt.
2⃣ It raises $7 trillion in taxes on American families & would let the middle-class tax breaks in the TCJA expire.

My questions from today’s Ways and Means Committee hearing:

I've visited countless businesses across UT's 1st District, and one thing is clear: the 2017 tax cuts allowed for real wage growth & a stimulated economy. The Biden Admin's plan to split the difference on the corporate tax rate will only burden our businesses, cut wages, slow…

Today in a Ways and Means Committee hearing, I spoke to Secretary Janet Yellen about the Biden administration's proposed regulations which could bring Ohio's ongoing hydrogen projects (and more than 20k good-paying jobs) to a screeching halt.

We know Communist China is subsidizing the production of fentanyl sent to Mexico & smuggled over our southern border.

I told Secretary Janet Yellen that the Biden Administration must take action to stop the money laundering that’s financing this illicit drug trade killing hundreds of…

🚨🚨🚨 Treasury Secretary Yellen just admitted the Biden Administration “pick[s] winners and losers” to tilt the scales toward ‘green’ energy and away from American oil and gas.

The Biden Administration has negotiated a global tax deal - without Congress - that could cost up to $160 billion over the next decade. That's unacceptable.

Today, I made it clear to Secretary Yellen -- I don't just want the U.S. to compete. I want us to win. Ways and Means Committee

The Biden Administration has no plan for when the Trump tax cuts expire. I don't think they appreciate the very real ways this is going to impact real people. Republicans have a plan. Let's see it through. Ways and Means Committee youtu.be/s6DNmQY7ufE

Washington bureaucrats do not get to sidestep Congress to sellout American taxpayers.

The Biden Administration must involve Congress in any negotiations with other countries over tax policy to ensure Americans get the strongest deal that protects their tax dollars and America's…