Miller Participates in Ways and Means Committee Hearing with Treasury Secretary Scott Bessent
June 11, 2025
Washington, D.C. – Today, Congresswoman Carol Miller (R-WV) participated in a Ways and Means committee hearing with Treasury Secretary Scott Bessent. The Congresswoman focused her comments on the success of the One, Big, Beautiful Bill in fixing the Democrat-imposed 1099-K $600 reporting threshold and Section 232 steel and aluminum tariffs. A video of the Congresswoman's questions followed by Secretary Bessent's responses can be found here and is transcribed below.
Congresswoman Miller began by voicing support for the One, Big, Beautiful Bill’s inclusion of her Saving Gig Economy Taxpayers Act and asking Secretary Bessent about how reverting back to the time-tested standard of $20,000 and 200 transactions for 1099-K will positively affect taxpayers.
“One of my top priorities in the tax package is to repeal the Democrat’s absurd 1099-K threshold. Under the Biden Administration, Democrats changed the time-tested standard of $20,000 and 200 transactions to $600 when determining whether a taxpayer receives a 1099-K or not. Before this committee, your predecessor acknowledged that this new threshold would be difficult to administer and lead to the taxpayer's confusion. Instead of working with us to fix it, the Biden Treasury unconstitutionally delayed implementation and then changed the threshold to try and ease the taxpayer's confusion in the election year. Unfortunately, there are still millions more 1099-K forms that were sent out and Republicans have worked to restore the 1099-K threshold to the time-tested standard of $20,000 and 200 transactions by including my Saving Gig Economy Taxpayers Act in the One, Big, Beautiful Bill. Can you shed some light on how this policy and others being produced from your Department will make life easier for taxpayers?” asked Congresswoman Carol Miller.
“Representative, thank you for discussing these very important issues. As I said, I believe the underappreciated part of President Trump's economic plan is the deregulation and what you were describing, the cutting back on paperwork that putting thresholds at proper level, is indeed deregulation, lower paperwork. And I think you correctly pointed out that the previous administration, I'm not sure that anyone ever signed [...] the front of a paycheck or the back of a paycheck. I think they mostly received direct deposit from the US government because they're always government employees. So, if you have never made payroll, if you were not processing paperwork, you don't understand the costs that are inherent in this. If you are a small business person, if you or someone with a lawn care business. [... A]s you said, we have a completely new economy today with the gig economy, whether it is Uber drivers, delivery people, the contract workers who work from home [...] in programming fields. So I think that it was tone deaf, completely tone deaf for the nature of the new economy,” replied Secretary Bessent.
Congresswoman Miller concluded by sharing her support for President Trump’s ongoing trade negotiations and requested Secretary Bessent’s support to secure fairness for America’s domestic steel industry.
“I also want to voice my support for the ongoing trade negotiations that the President and you are working on. For too long, our trusted trade partners have quietly taken advantage of the United States. I am a firm believer that trade truly is the great equalizer and a powerful tool to bring the world together. However, that tool can’t be used effectively if there isn’t fairness within trade deals. I am particularly interested in the domestic steel industry. West Virginia has been producing quality steel for decades, some in my hometown of Huntington, and my district is currently ramping up steel production even further with addition of new mills in Mason County. I am very supportive of the Section 232 tariffs on steel that the President has pursued and am eager to work together with the administration to ensure that a level playing field is also applied to the U.S.-U.K. Economic Prosperity Deal. The U.K. has a history of subsidizing its steel industry – which in turn often undercuts our domestic steel producers. Secretary Bessent, can you commit to continuing working to secure fairness for our domestic steel industry across trade deals?” asked Congresswoman Carol Miller.
"Representative Miller, I had the privilege of being with the President at the U.S. steel factory in Pittsburgh a week ago Friday, and I can tell you that the President's commitment to the U.S. steel industry is unwavering [and] that we are bringing back domestic production. And that what we have seen, and one of the previous questions about ‘is China a reliable partner?’, what we have seen during COVID since then is that there are strategic industries, strategic industries in the United States where we must have an industrial base, and I would put steel in the top three," replied Secretary Bessent.
“One of my top priorities in the tax package is to repeal the Democrat’s absurd 1099-K threshold. Under the Biden Administration, Democrats changed the time-tested standard of $20,000 and 200 transactions to $600 when determining whether a taxpayer receives a 1099-K or not. Before this committee, your predecessor acknowledged that this new threshold would be difficult to administer and lead to the taxpayer's confusion. Instead of working with us to fix it, the Biden Treasury unconstitutionally delayed implementation and then changed the threshold to try and ease the taxpayer's confusion in the election year. Unfortunately, there are still millions more 1099-K forms that were sent out and Republicans have worked to restore the 1099-K threshold to the time-tested standard of $20,000 and 200 transactions by including my Saving Gig Economy Taxpayers Act in the One, Big, Beautiful Bill. Can you shed some light on how this policy and others being produced from your Department will make life easier for taxpayers?” asked Congresswoman Carol Miller.
“Representative, thank you for discussing these very important issues. As I said, I believe the underappreciated part of President Trump's economic plan is the deregulation and what you were describing, the cutting back on paperwork that putting thresholds at proper level, is indeed deregulation, lower paperwork. And I think you correctly pointed out that the previous administration, I'm not sure that anyone ever signed [...] the front of a paycheck or the back of a paycheck. I think they mostly received direct deposit from the US government because they're always government employees. So, if you have never made payroll, if you were not processing paperwork, you don't understand the costs that are inherent in this. If you are a small business person, if you or someone with a lawn care business. [... A]s you said, we have a completely new economy today with the gig economy, whether it is Uber drivers, delivery people, the contract workers who work from home [...] in programming fields. So I think that it was tone deaf, completely tone deaf for the nature of the new economy,” replied Secretary Bessent.
Congresswoman Miller concluded by sharing her support for President Trump’s ongoing trade negotiations and requested Secretary Bessent’s support to secure fairness for America’s domestic steel industry.
“I also want to voice my support for the ongoing trade negotiations that the President and you are working on. For too long, our trusted trade partners have quietly taken advantage of the United States. I am a firm believer that trade truly is the great equalizer and a powerful tool to bring the world together. However, that tool can’t be used effectively if there isn’t fairness within trade deals. I am particularly interested in the domestic steel industry. West Virginia has been producing quality steel for decades, some in my hometown of Huntington, and my district is currently ramping up steel production even further with addition of new mills in Mason County. I am very supportive of the Section 232 tariffs on steel that the President has pursued and am eager to work together with the administration to ensure that a level playing field is also applied to the U.S.-U.K. Economic Prosperity Deal. The U.K. has a history of subsidizing its steel industry – which in turn often undercuts our domestic steel producers. Secretary Bessent, can you commit to continuing working to secure fairness for our domestic steel industry across trade deals?” asked Congresswoman Carol Miller.
"Representative Miller, I had the privilege of being with the President at the U.S. steel factory in Pittsburgh a week ago Friday, and I can tell you that the President's commitment to the U.S. steel industry is unwavering [and] that we are bringing back domestic production. And that what we have seen, and one of the previous questions about ‘is China a reliable partner?’, what we have seen during COVID since then is that there are strategic industries, strategic industries in the United States where we must have an industrial base, and I would put steel in the top three," replied Secretary Bessent.
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