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The Latest Breaking News from Ways and Means

IRS audits of ex-FBI chiefs Comey and McCabe, called traitors by Trump, prompt probe

WASHINGTON — The odds of matching six numbers in the Texas Powerball lottery are 1 in 25 million. That’s three times better than the odds that two former FBI directors deemed traitors by then-President Donald Trump, James Comey and Andrew McCabe, were picked at random for an unusually intensive IRS…

Tribune News Service

Republicans split on adding semiconductor tax breaks to competition bill

Republicans split on adding semiconductor tax breaks to competition bill

An effort to add bipartisan tax incentives for U.S. semiconductor manufacturing to a House bill is running into GOP divisions.

Lawmakers seek tax break for car dealers facing supply troubles

A bipartisan contingent of lawmakers is pressing to give car dealerships relief from bigger tax bills they could face due to global microchip shortages that have pinched the supply of new vehicles.

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Lawmakers seek tax break for car dealers facing supply troubles - Roll Call

Bigger tax bills loom as pandemic-related global microchip shortages pinch the supply of new vehicles, limiting dealer deductions.

Ways and Means contenders pony up for GOP campaign arm - Roll Call

Reps. Vern Buchanan and Jason Smith said Wednesday they're each expecting to raise $1 million for House Republicans’ campaign arm.

Rep. Jason Smith opts out of Senate bid, will run for Ways and Means slot

Missouri Rep. Jason Smith plans to run for a sixth term in the House rather than seek his state's soon to be open Senate seat while launching a bid to be the top Republican on the powerful House Ways and Means Committee in the 118th Congress.

Tribune News Service

Rep. Jason Smith opts out of Senate bid, will run for Ways and Means slot - Roll Call

Smith, of Missouri, is an ambitious member of the GOP conference who's become known for fiery partisan attacks on budget bills.

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House competition bill includes more trade aid for workers - Roll Call

House competition bill includes more trade aid for workers - Roll Call

House Ways and Means Committee Democrats offer a sweeping competition bill to expand the Trade Adjustment Assistance program.

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