Budget

HYDE-SMITH:  USDA REPORT INVALIDATES CLAIM THAT BIDEN TAX PLAN WON’T HURT MANY FAMILY FARMS

Analysis Disproves Administration Claim Only 2 Percent of Farms Affected by $3.5 Trillion Tax & Spending Spree

WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) today said a new report provides more evidence that capital gains tax changes to help pay for President Biden’s $3.5 trillion tax and spending plan will hit family farms more harshly than the administration will admit.

The U.S...

HYDE-SMITH, COLLEAGUES DEMAND ANSWERS ON IRS TREATMENT OF RELIGIOUS NONPROFIT SEEKING TAX-EXEMPT STATUS

WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.), with U.S. Senators James Lankford (R-Okla.), Ben Sasse (R-Neb.), and others, today sent a letter demanding answers from the U.S. Treasury Department on how the Internal Revenue Service handles tax-exempt status applications from religious organizations.

The Senators signed a letter to Treasury Inspector General J. Russell George...

HYDE-SMITH CASTS AN EMPHATIC “NO” VOTE ON DEMS’ $4 TRILLION RECKLESS TAX & SPENDING SPREE

“There’s an old saying that money doesn’t grow on trees.  This is a lesson lost on Democrats…”

WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) today cast an emphatic “NO” vote against an astounding FY2022 Reckless Tax and Spending Spree budget resolution that will allow Democrats to impose taxes and new spending exceeding $4.2 trillion to fund a gigantic expansion of federal government programs...