Jason Smith Marks 1-Year Tax Cut Anniversary as He Warns 2nd Reconciliation Bill Faces Odds
Updated
Updated · Fox News · Jul 2
Jason Smith Marks 1-Year Tax Cut Anniversary as He Warns 2nd Reconciliation Bill Faces Odds
3 articles · Updated · Fox News · Jul 2
Summary
Jason Smith said the Working Families Tax Cut turns 1 year old on July 4 and called it the largest tax cut in U.S. history, highlighting the expanded child tax credit and tax breaks on tips and overtime.
A Missouri waitress told Smith her refund topped $10,000, which he used to argue the law is delivering direct gains to working families and small businesses.
Smith said another Republican reconciliation bill would be difficult because two partisan reconciliation bills have never passed in the same year, even though the process needs only a simple Senate majority.
On fraud, Smith pointed to a burrito stand and tire shop posing as hospice providers and said New York had 600,000 fake home health aide employees, underscoring his broader investigations into waste and abuse.