The '''Ways and Means Committee''' in the [[U.S. House of Representatives]] is its most powerful committee, because it controls the budget and spending bills. This committee has authority over "a portfolio spanning including taxes, trade, Social Security and some Medicare spending."<ref>https://www.politico.com/minutes/congress/01-9-2023/smith-wins-ways-and-means/</ref>
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The '''Ways and Means Committee''' in the [[U.S. House of Representatives]] is its most powerful committee, because it controls the tax writing. This committee has authority over "a portfolio spanning including taxes, trade, Social Security and some Medicare spending."<ref>https://www.politico.com/minutes/congress/01-9-2023/smith-wins-ways-and-means/</ref>
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[[Full_Text_of_the_United_States_Constitution#Section._7.|Article 1, Section 7]] of the [[United States Constitution]] says: "All Bills for raising Revenue shall originate in the House of Representatives." Ways and Means is the committee traditionally tasked with originating [[taxation]], or revenue bills.
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[[Full_Text_of_the_United_States_Constitution#Section._7.|Article 1, Section 7]] of the [[United States Constitution]] says: "All Bills for raising Revenue shall originate in the House of Representatives." Ways and Means is the committee traditionally tasked with originating [[taxation]], or revenue bills. The analogous committee in the [[U.S. Senate]] is the Senate Finance Committee.