WASHINGTON, March 18 -- The House Ways & Means Committee Chairman issued the following news release:
WASHINGTON, D.C.-Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Federal Open Market Committee announced it would not lower interest rates:
"President Trump's policies have rescued Americans from the massive $10 trillion spending spree that caused inflation to rise more than 21 percent over Joe Biden's time in office. Despite the progress that has been made, high interest rates are still blocking working families from owning a home, and they are a drag on economic growth, especially for our small businesses and farmers who pay higher costs to invest in their workers and operations. Combined ...