Your Money Belongs in Your Pocket

Committee Advances Rep. Smith's Legislation to Help Families Save for Education Expenses

WASHINGTON, D.C. – Tuesday the U.S. House of Representatives Committee on Ways and Means passed the Student Empowerment Act, authored by Congressman Jason Smith (MO-08), which will allow families to save for everyday K-12 education expenses with 529 College Savings Plans. Under Rep. Smith’s legislation, families could use 529 savings accounts for K-12 tuition, books and instructional materials, tutoring expenses, fees for exams related to college admissions, and educational therapy for students ...

For the Politicians, Not the People

This week Democrat leaders in the U.S. House of Representatives voted on H.R. 1, the “For the People Act,” their signature legislation this Congress. Speaker Pelosi said her goal is to clean up elections and “restore integrity” to government, but H.R. 1 makes our elections vulnerable to fraud, violates the Constitution, and injects taxpayer funds into political campaigns. Unfortunately, H.R. 1 isn’t for the people at all, but for the politicians and political consultants who will profit and stay...

The Unreal Green Deal

Newly elected radicals in the U.S. House of Representatives say the world will end in twelve years unless we pass their “Green New Deal.” Candidates for President have lined up to endorse the plan, which would completely overhaul our entire economy and ban affordable energy options. They say the climate is “our World War II,” but their plan is a war on working families and the American economy. What blows me away about the Green New Deal is how unbelievably unrealistic it is. Their plan calls fo...

Congressman Smith Leads Charge to Give Working Families Permanent Tax Relief

WASHINGTON, D.C. – Congressman Jason Smith (MO-08) introduced H.R. 217, the Permanent Tax Relief for Working Families Act, to make permanent the new Child Tax Credit established under the Tax Cuts and Jobs Act, which he coauthored as a member of the U.S. House of Representatives Committee on Ways and Means. “Becoming a parent is the most important job a mother or father will ever have, but our tax code could do a better job of supporting working families,” said Congressman Smith. “In the last ye...

Choosing Greatness

This week I was incredibly honored to be asked to escort the President of the United States into the U.S. House Chamber to address a Joint Session of Congress and update American citizens on the strength of their country. I was amazed that in the moments just before walking in to give his speech to the country, President Trump leaned over to me and remarked how much he enjoyed spending time with Missourians over the past year and can’t wait to come back. We then walked onto the House Floor, and ...

Rep. Smith, Sen. Barrasso Push to Eliminate Wasteful Electric Vehicle Tax Subsidy

WASHINGTON – This week Congressman Jason Smith (MO-08) and Senator John Barrasso (R-WY) introduced the Fairness for Every Driver Act to save billions of taxpayer dollars by eliminating the tax credit for high-end electric vehicles. The legislation would help fund new infrastructure projects by requiring users of alternative fuel vehicles to contribute to improving the nation’s roads and bridges. Currently the electric vehicle tax credit rewards buyers of electric vehicles with up to $7,500 in ta...

Gross Pay

People in southern Missouri always tell me they wish their federal government budgeted more like a family farm or small business – operating within its limits, balancing its books, and only rewarding employees when they do well. I couldn’t agree more. It’s why one of the first bills I introduced when I came to Congress was a balanced budget amendment to the United States Constitution. Families in Missouri have to live within their means, and so should the federal government. This week Speaker Pe...

Unprecedented

This week the U.S. House of Representatives under Speaker Pelosi’s leadership reached a new low. The obstruction to President Trump has threatened the livelihoods of the men and women who protect us, left our border unsecure, and now resulted in the postponement of a right given to our President in the U.S. Constitution – the State of the Union address. This week, Speaker Pelosi became the first Speaker of the House in history to prevent the President of the United States from delivering the Sta...

New Congress, New Rules

This week was the beginning of the 116th Congress, and from the first day it was clear the U.S. House of Representatives is heading in a greatly different direction. A new Speaker of the House, new governing rules, and new members ensure the next two years will be a bumpy ride – buckle up. I wasn’t sure if Nancy Pelosi would have the votes to become Speaker after the midterm elections. Dozens of Democrats running for office in 2018 promised the American people they would support new leadership a...

Rep. Smith and Sen. Cruz’s Bill to Help Families Save for Education Expenses Passes U.S. House

WASHINGTON, D.C. – Thursday the U.S. House of Representatives passed the Student Empowerment Act, authored by Congressman Jason Smith (MO-08) and Senator Ted Cruz (TX), to expand the use of 529 College Savings Plans to allow families to save for K-12 education expenses. Eligible expenses would include tuition, books and instructional materials, tutoring expenses, fees for exams related to college admissions, and educational therapy for students with disabilities. Additionally, the Student Empowe...

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