Budget
Learn how Rep. Smucker is working to fix Washington's broken budget process. Rep. Smucker currently serves as a senior member of the House Committee on the Budget.
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Washington—Rep. Lloyd Smucker (PA-11), a senior member of the House Budget Committee, is reacting to the release of President Biden’s Fiscal Year 2025 budget proposal which was released on Monday, a month after it was statutorily required under the Budget Control Act of 1974.
Washington—Rep. Lloyd Smucker (PA-11), a senior member of the House Budget Committee, released the following statement after President Biden and his administration failed to submit a budget to Congress by the statutory deadline imposed by the Congressional Budget Act of 1974, as amended:
Washington—Rep. Lloyd Smucker (PA-11), a senior member of the Committee on Ways and Means, the House of Representative’s chief tax-writing committee, voted in favor of the Tax Relief for American Families and Workers Act, which passed with a strong bipartisan vote of 357 to 70.
Washington – Legislation introduced by Reps. Lloyd Smucker (R-PA-11) and Terri Sewell (D-AL-7), and Senators John Hickenlooper (D-CO) and Thom Tillis (R-NC) has been endorsed by AARP. The bipartisan and bicameral Retirement Savings for Americans Act (RSAA) continues to gain support.
Washington—Rep. Lloyd Smucker (PA-11), a senior member of the House Budget Committee, applauds the passage of H.R. 5779 legislation creating a fiscal commission during a markup meeting of the House Budget Committee. During the meeting, the committee also favorably reported legislation introduced by Smucker, H.R. 6957, the Debt-to-GDP Transparency and Stabilization Act.
WASHINGTON, D.C. — U.S. Rep. Lloyd Smucker and members of the House Budget Committee on Thursday approved legislation that would form a bipartisan commission to study cutting the national debt, which reached $34 trillion this week.
The bill, co-sponsored by Smucker and Maine Democrat Jared Golden, would charge the commission with drafting a plan by May 2025 to improve the federal government’s long-term fiscal stability and “propose recommendations designed to balance the budget at the earliest reasonable date.”
Washington—Rep. Lloyd Smucker (PA-11), a senior member of the House Budget Committee, offered testimony during a hearing examining the need for creating a fiscal commission. Smucker offered comments in favor of creating a commission, based on his experience serving as a member of a successful commission during his time as a State Senator in the Pennsylvania General Assembly.
U.S. Rep. Lloyd Smucker on Wednesday testified before a House committee in support of forming a bipartisan commission to recommend policies that would help remedy the national debt, which reached $33.8 trillion this week.
“I believe our debt and our fiscal trajectory pose an existential threat to America’s future,” Smucker said at a Wednesday meeting of the House Budget Committee. “And I think establishing a commission is our best chance of addressing it.”
Washington—Rep. Lloyd Smucker (PA-11) introduced legislation to block implementation of a Biden administration regulation which would directly lead to higher taxes on Americans. In the form of new Davis-Bacon Act regulation, the Biden Administration wants to require prevailing wages for federal or federally funded construction projects, which will cause a dramatic increase in costs.