Watchdog: IRS Failed to Take Action Against Employees with Serious Tax
Irregular Pattern Found in Agency’s Handling of Misconduct Cases WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) today highlighted a new report from the Treasury Inspector General for Tax Administration (TIGTA) that found the Internal Revenue Service (IRS) handled misconduct by employees with serious tax violations in an irregular manner over a period […]
TIGTA: IRS Allowed Billions in Potentially Erroneous Education Tax Credits
New Report Latest on Agency’s Failure to Accurately Administer Refundable Credits WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) today highlighted a new report from the Treasury Inspector General for Tax Administration (TIGTA) which found that an estimated $5.6 billion in potentially erroneous education credits were received by more than an estimated 3.6 […]
Hatch and Grassley Press CMS to Clarify Guidance for State Based Marketplaces
Recent OIG Report Warns Taxpayer Money at Risk for Abuse WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) and Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) sent a letter to Centers for Medicare & Medicaid Services (CMS) Acting Administrator Andrew Slavitt pressing the agency to further clarify guidance for how federal funds may be […]
Trade Promotion Authority: Just the Facts
Bipartisan Trade Tool Reaffirms Congressional Oversight of Trade Pacts The U.S. Senate Finance Committee voted to advance bipartisan Trade Promotion Authority (TPA 2015) legislation that reaffirms Congress’ role in providing direction for the Administration on trade agreements by a vote of 20-6. With Congress soon expected to take up the measure, here’s a look […]
Hatch Says Trade Report Fails to Recognize India’s Intellectual Property Violations
Utah Senator Says, “This is major step back in America’s efforts to end such unfair trading practices.” WASHINGTON –Today, Finance Committee Chairman Orrin Hatch (R-Utah) said the Obama Administration’s failure to recognize the threat of India’s intellectual property (IP) abuse in the Office of the United States Trade Representative’s 2015 Special 301 Report is a […]
Bicameral Committee Leaders Request Ideas to Strengthen Medicaid
As Program Nears 50th Year, House and Senate Leaders Seek Ideas to Strengthen Vital Safety Net for Nation’s Most Vulnerable WASHINGTON, DC – House Energy and Commerce Committee Chairman Fred Upton (R-MI), Health Subcommittee Chairman Joe Pitts (R-PA), Senate Finance Committee Chairman Orrin Hatch (R-UT), and Senate Committee on Health, Education, Labor, and Pensions Chairman […]
Hatch Applauds Committee Passage of 529 College Savings Bill
WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) today issued the following statement praising committee passage of S. 335, a bipartisan bill to strengthen 529 college savings plans, which was reported out of the Finance Committee unanimously: “The challenges of paying for a college education can be extremely daunting. Thankfully, 529 college savings […]
Hatch, Wyden Release Public Input on Bipartisan Tax Reform
WASHINGTON – Finance Committee Chairman Orrin Hatch (R-Utah) and Ranking Member Ron Wyden (D-Ore.) today released over 1,400 submissions from stakeholders on how to best to overhaul the nation’s broken tax code. In March, the Committee sought input from the public in an effort to provide additional data and information to the Committee’s bipartisan tax […]
Trans-Pacific Partnership: A Historic Trade Pact in Making
Trade Agreement Would Break Down Barriers for American Exports Today, as Congress welcomed Japanese Prime Minister Shinzo Abe to the Capitol, negotiations for a historic trade agreement continued between the United States, Japan and ten other countries. This agreement – the Trans-Pacific Partnership (TPP) – promises to unlock markets and break down trade barriers for […]
Hatch Statement at Finance Markup of 529 College Savings Bill
WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) today delivered the following opening statement at a committee markup of S. 335, as modified, a bipartisan bill to strengthen 529 college savings plans: We have come together today to mark up S. 335, a bill to improve 529 plans. As we all know, this […]