Economy & Jobs
Representative Smucker is working hard to ensure that everyone can access and achieve their American Dream. For more information concerning Rep. Smucker's work and views related to the economy, please read the below news releases or contact our office.
More on Economy & Jobs
WASHINGTON—37 Members of the House Republican Conference, led by Rep. Lloyd Smucker (PA-11) Vice Chair of the Budget Committee, are calling for the Senate to pass reconciliation legislation that upholds the fiscal discipline of the House’s framework. The Members write: “As the Senate considers changes, we remain unequivocal in our position that any additional tax cuts must be matched dollar-for-dollar by real, enforceable spending reductions. That union is the cornerstone of the House framework adopted in Section 4001 of H.Con.Res.
WASHINGTON—Rep. Lloyd Smucker (PA-11) voted in favor of the One Big Beautiful Bill Act. It was approved in the House of Representatives by a vote of 215-214.
WASHINGTON—Rep. Lloyd Smucker (PA-11), a senior member of the Committee on Ways and Means, voted to advance the committee’s legislative proposals in compliance with the instructions of H. Con. Res. 14, the Concurrent Resolution on the budget for Fiscal Year 2025.
WASHINGTON—The Improve and Enhance the Work Opportunity Tax Credit (IEWOTC) Act sponsored by Rep. Lloyd Smucker (PA-11), a senior member of the Committee on Ways and means, would lead to job creation and reduce reliance on safety net programs, according to a recent study.
WASHINGTON—Thirty-one Members of the House Republican Conference, led by Rep. Lloyd Smucker (PA-11) Vice Chair of the Budget Committee, are calling for Congress to pass reconciliation legislation that is “genuinely fiscally responsible.” Failure to achieve the spending reduction targets outlined in the budget resolution will mean “the Ways and Means Committee’s instruction must be lowered dollar-for-dollar to keep the reconciliation bill within the agreed limits.”
WASHINGTON—Reps. Lloyd Smucker (PA-11) and Sharice Davids (KS-03) have introduced the Student Loan Tax Elimination Act. The legislation would eliminate a hidden tax on federal student loans, which adds unnecessary debt to student loan borrowers.
WASHINGTON – Representatives Lloyd Smucker and Terri Sewell and U.S. Senators John Hickenlooper and Thom Tillis have reintroduced the Retirement Savings for Americans Act (RSAA), legislation to help low- and middle-income Americans build wealth and save for retirement. The bill would establish a new program that gives eligible workers access to portable, tax-advantaged retirement savings accounts.
WASHINGTON—Rep. Lloyd Smucker (PA-11), Vice Chair of the House Budget Committee and a senior member of the Committee on Ways and Means, released the following statement after voting in favor of the amended House Budget Resolution (H. Con. Res.14):
Washington—Rep. Lloyd Smucker (PA-11), Vice Chair of the House Budget Committee and a senior member of the Committee on Ways and Means, released the following statement:
“The Senate’s passage of the amended House resolution is a critical step forward. However, with $5.8 trillion in costs and only $4 billion required savings in their instructions, I cannot vote for it. We can and must do better. Let’s come together next week to craft a fiscally responsible solution.”
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