Crapo, Cassidy, Collins Blast Biden Admin Failure to Protect American Taxpayers from Unemployment Insurance Fraud, Losing $191 Billion
Washington, D.C.–U.S. Senate Finance Committee Chair Mike Crapo (R-Idaho), Senate Health, Education, Labor, and Pensions (HELP) Committee Chair Bill Cassidy, M.D. (R-Louisiana) and Senate Appropriations Committee Chair Susan Collins (R-Maine) blasted the Biden Administration for failing to recoup at least $191 billion of Americans’ taxpayer dollars lost due to inaccurate unemployment insurance (UI) payments. This […]
Crapo Announces Markup, Hearing on the President’s Health Care Agenda
***MEDIA ADVISORY*** Washington, D.C.–U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) announced the Committee will convene for a markup followed by a hearing on President Trump’s 2026 Health Care Agenda on Thursday, September 4. The markup will be held at 9:30 AM and will be immediately followed by the health care hearing at 10:00 […]
Crapo: OBBB Makes Americans More Prosperous
Boise, Idaho–During the Senate state work period, Senate Finance Committee Chairman Mike Crapo (R-Idaho) spoke at an Idaho event with Americans for Prosperity (AFP) to discuss the ways the One Big Beautiful Bill Act (OBBB) builds on the Trump tax credits by making provisions permanent and delivering additional middle-class tax relief. The OBBB: Fulfills […]
The One Big Beautiful Bill Drives Deficit Reduction
Washington, D.C.– The One Big Beautiful Bill Act achieves record savings with a combination of historic spending reductions and provisions that power economic growth. This legislation represents a long-overdue step to stabilize our country’s fiscal trajectory. “The way to address the deficit is not to tax hardworking taxpayers more, it is to grow the economy […]
The One Big Beautiful Bill Powers Investment in the U.S.
The U.S. Department of the Treasury reports that it has already seen a surge in capital spending in the U.S. since the enactment of the One Big Beautiful Bill Act (OBBBA): “Through the first two quarters of the year, production of business equipment has risen almost 17% at an annualized rate, which is the fastest […]
The One Big Beautiful Bill Delivers for Farmers and Ranchers
Washington, D.C.—The One Big Beautiful Bill Act better enables farm families to plan for the future and pass their farms onto future generations. Idaho family farmers, ranchers and entrepreneurs often work lifetimes to grow their businesses. By making permanent the doubled death tax exemption, the law ensures the government is not forcing land sales or […]
The One Big Beautiful Bill Achieves Record Savings
Washington, D.C.–The One Big Beautiful Bill Act achieves record savings by making commonsense reforms to federal spending programs and rolling back Biden Administration subsidies and regulations. “By pairing the largest reduction in mandatory spending in history with measures that boost economic growth, this bill takes meaningful steps to get our country’s fiscal trajectory back on […]
The One Big Beautiful Bill Encourages Economic Development
Washington, D.C.– The One Big Beautiful Bill drives economic development by offering tax credits for investors to develop projects and build housing in low-income communities in Idaho and around the country. Low income housing tax credits: Permanently expands the low-income housing tax credit, encouraging the development and rehabilitation of affordable rental housing. New markets […]
The One Big Beautiful Bill Implements Commonsense Medicaid Reforms
Washington, D.C.–Medicaid was created to help pregnant women, children, seniors and Americans with disabilities. Targeting waste, fraud and abuse in the program ensures that it stays financially viable for the populations who need it most. The problem: Democrats have incentivized Medicaid to enroll healthy Americans and cost-shift funding responsibilities to the federal government, driving […]
Crapo Announces Finance Committee Staff Updates
Washington, D.C.–Senate Finance Committee Chairman Mike Crapo (R-Idaho) today announced the following staff updates: Molly Newell, Chief International Trade Counsel Molly has been promoted to Chief International Trade Counsel. Molly joined the Finance Committee in January 2023 from Hogan Lovells US LLP, where she was an associate in the International Trade and Investment practice […]