WASHINGTON, July 4 -- The House Ways & Means Committee Chairman issued the following news release:

WASHINGTON, D.C. - Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement marking the one-year anniversary of President Trump signing the One, Big, Beautiful Bill - which included the Working Families Tax Cuts - into law:

"One year ago, Republicans enacted the largest tax cut in our nation's history, delivering historic relief to American workers, families, farmers, and small businesses. With $82 billion in new tax relief created in the first year of the Working Families Tax Cuts, Policies like No Tax on Tips, No Tax on Overtime, No Tax on Social Security, and No Tax on Auto Loan Interest are putting more money ...