Panhandle Times

Congressman Nathaniel Moran, representing Texas's First Congressional District, took part in the inaugural House Ways and Means Committee hearing of the 119th Congress. The focus was on the significance of making permanent the tax cuts implemented during President Donald Trump's administration. Congressman Moran emphasized the potential negative effects if the Tax Cuts and Jobs Act (TCJA) expires at the end of 2025, particularly for his district.

"In my district, a family of four earning the district’s median yearly income of $61,182 would see a $1,142 tax increase should the Trump Tax Cuts expire at the end of the year," stated Congressman Moran. "For a family of four, this money is worth about six weeks of groceries in my region. It is also enough money to cover about 27 full tanks of gas – even in our big old trucks. Groceries and gas are important things to every American and every East Texan that I represent. The Tax Cuts and Jobs Act cannot be allowed to expire. We must continue its provisions to allow families to thrive and businesses to grow."

Ways and Means Committee Chairman Jason Smith welcomed Representative Moran to the committee: "I want to welcome Representative Nathaniel Moran to the Ways and Means Committee," said Smith. "His background serving the people of East Texas in local government and now in the House is a great fit as the Committee partners with the American people to build on the success of the Trump tax cuts. I look forward to working together to enact President Trump’s mandate to give small businesses, families, farmers, and workers relief."

Congressman Moran will serve on several subcommittees within Ways and Means during this congressional session:

- The Subcommittee on Oversight focuses on matters involving the Internal Revenue Code.

- The Subcommittee on Social Security deals with issues related to federal insurance systems like Social Security.

- The Subcommittee on Work and Welfare addresses public assistance provisions under various social services acts.

The Ways and Means Committee is recognized as one of Congress's oldest committees with responsibilities for drafting tax legislation. Its jurisdiction stems from Article I, Section VII of the U.S. Constitution: “All bills for raising revenue shall originate in the House of Representatives.”