Tax-writing committee holds first hearing at West Virginia lumber business

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

The House Ways and Means Committee met in West Virginia, rather than the typical Capitol Hill office building, to hear directly from workers and business owners about how the economy is hurting them and what changes they want to see in Washington.

The hearing was held on Monday at Allegheny Wood Products, a hardwood and lumber products business in Petersburg, West Virginia. New committee Chairman Jason Smith has told the Washington Examiner that he wants to take committee hearings on the road to break out of the bubble of Washington. Monday's was also the first hearing with Smith at the helm.

Smith used the hearing as a bit of a prebuttal to Biden’s much-anticipated speech. He and Republicans contend that the president’s agenda has been mired by economic dysfunction, including inflation, falling real wages, rising interest rates, and supply chain chaos. “Communities throughout this region and in my own state of Virginia have been the first to experience the direct effects of massive economic forces that have come to dominate policy discussions in Washington and capitals around the world,” Beyer said. “The consequences of the energy transition and globalization have been felt first, and often hardest, in communities like this one.”

"Just the ability to have the supplies on hand to run our plants has been dramatically affected by the supply chain crisis," Plaugher responded, adding that dayslong waits for certain items his company ordered turned into monthslong waits.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Inbred capital of the world 😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines