Economy

WASHINGTON, DC: Congressman Derek Schmidt (KS-02) today applauded the passage of H.R. 1, the One Big Beautiful Bill Act. He released the following statement:

“A large majority of Kansans in the Second Congressional District chose President Trump’s America First agenda. This bill delivers much of it.

WASHINGTON, DC: The U.S. House of Representatives has now voted to overturn 15 bureaucratic rules adopted in the final days of the Biden administration. Congressman Derek Schmidt (KS-02) today released the following statement highlighting the House’s work to dismantle the administrative state:

WASHINGTON, DC: Today, Congressman Derek Schmidt (KS-02) announced he has cosponsored the Death Tax Repeal Act. Originally introduced by Congressman Randy Feenstra (IA-04), this legislation would permanently repeal the death tax, which imposes an unfair and costly tax on the transfer of property, land, and other assets from a deceased family member to heirs of family farms and small businesses.

WASHINGTON, DC: Congressman Derek Schmidt (KS-02) released the following statement after voting today in favor of H.R. 1968, which freezes federal discretionary spending through September 30, 2025.

WASHINGTON, DC: Congressman Derek Schmidt (KS-02) released the following statement after the House passed H. J. Res. 20 and H. J. Res. 35, which begin to undo the Biden administration’s war on American energy. Schmidt is a cosponsor of both bills.

WASHINGTON, DC: Congressman Derek Schmidt (KS-02) released the following statement after the House tonight passed H. Con. Res. 14, which establishes a budget framework to enable Congress to begin deciding spending and tax policies.

WASHINGTON, DC: This week, Congressman Derek Schmidt (KS-02) joined his Republican House Small Business Committee colleagues in urging newly confirmed Small Business Administration (SBA) Administrator Kelly Loeffler to restore the agency to its original purpose of helping small businesses.

WASHINGTON, DC: Today, Congressman Derek Schmidt (KS-02) announced that he has cosponsored H.R. 703, the Main Street Tax Certainty Act. This legislation would support small businesses by extending a tax provision that allows them to deduct up to 20% of qualified income. Without Congressional action, this provision will expire at the end of the year.