But Rep. Jason Smith, the new GOP chairman of the House Ways and Means Committee, said Americans viscerally feel the dangers of out-of-control spending after having watched Democrats run up the credit card over the last two years, producing the worst inflation in four decades.
Federal government hits debt limit, clock starts ticking on potential default
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The Democrat-controlled House Ways and Means Committee said the release, which comes as Republicans prepare to take control of the chamber in the new Congress next week, marks the culmination of its effort to ensure “that our tax laws are applied evenly and justly, regardless of position of power.”
Trump's tax returns released after long fight with Congress
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