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, D.C. —Rep. Lloyd Smucker (PA-11) opposed H.R. 4346 and released the following statement:
Rep. Lloyd Smucker, R-Penn., told Newsmax on Saturday that there are "really hard times ahead" for Americans economically, due to the high inflation brought on by the policies of President Joe Biden and the Democratic majority in Congress.
Washington, D.C. —Rep. Lloyd Smucker (PA-11), a senior member of the House Budget Committee, took to the floor of the House of Representatives to speak out about rising inflation and the growing national debt, which recently eclipsed $30 trillion. Smucker's comments came as the Federal Reserve Board raised the federal funds rate to combat the 40-year high inflation Americans are experiencing; a direct result of the policies of the Biden administration.
KEY POINTS
- An estimated 57 million workers have no retirement plan offered through their job.
- A group in Congress is exploring a program modeled after the federal Thrift Savings Plan to reach those people.
- A legislative proposal is expected in the coming months.
Washington, D.C. —Rep. Lloyd Smucker (PA-11), a member of the Committee on the Budget and the Committee on Ways & Means, questioned Treasury Secretary Janet Yellen on Wednesday about the administration's false claims of deficit reduction.
Washington, D.C. – Rep. Lloyd Smucker (PA-11) released the following statement in response to President Biden's State of the Union:
"Thanks to President Biden's policies, America faces an inflation crisis, an energy crisis, a crisis on our southern border and a global security crisis.
Our Commander-in-Chief offered no clear vision for how we stop authoritarian thug Vladimir Putin's aggression. Putin will only respond to strength, and right now, Ukraine is showing the world how strong they are. Their resilience against all odds is inspiring.
Washington, DC – Representative Lloyd Smucker (R-PA-11) and Representative Troy Carter (D-LA-02) are announcing the introduction of the MUSIC Act, legislation that will aid entertainment companies and workers left out of the Save Our Stages (SOS) Act.
Washington, D.C. –Rep. Lloyd Smucker (PA-11) released the following statement marking President Biden's first year in office:
"Today marks one year since President Biden has taken office.
And in one year's time, President Biden and the policies of his administration have the American people facing crisis after crisis.
Washington, DC – Over the past two weeks, Rep. Lloyd Smucker (PA-11) participated in the Ways & Means Committee mark-up of the $3.5 trillion socialist spending spree, including trillions of dollars of tax hikes on the middle-class and small businesses.
Day One: "The American Dream is at Stake"