Crapo, Wyden Release Draft Legislation to Combat Prescription Drug Shortages

Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) and Chair Ron Wyden (D-Oregon) released a legislative proposal to address persistent economic problems leading to shortages of generic medicines plaguing America’s health care system, including chemotherapy drugs and ADHD medications. “Prescription drug shortages are fueling high prices and limiting access to life-saving treatments and […]

Crapo Statement at Hearing on Change Healthcare Cyberattack

Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) delivered the following remarks at a hearing entitled “Hacking America’s Health Care: Assessing the Change Healthcare Cyber Attack and What’s Next.”  As prepared for delivery: “Thank you, Mr. Chairman, and thank you Mr. Witty for being here today. “On February 21, 2024, UnitedHealth Group learned […]

Crapo: President Biden’s Trade Agenda Lacks Ambition, Enforcement

Washington, D.C.–At a U.S. Senate Finance Committee hearing on the President’s 2024 Trade Policy Agenda with United States Trade Representative (USTR) Katherine Tai, Ranking Member Mike Crapo (R-Idaho) expressed concern with the President’s lack of negotiating real trade agreements and weak record on enforcement of existing trade agreements—the weakest of any Administration in 25 years. […]

Crapo Statement at Hearing on the President’s 2024 Trade Policy Agenda

Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) delivered the following remarks at a hearing on the President’s 2024 Trade Policy Agenda with United States Trade Representative (USTR) Katherine Tai. As prepared for delivery: “Thank you, Mr. Chairman.  Welcome Ambassador Tai. “I read the President’s trade agenda carefully.  If we measured wisdom by […]

Crapo Statement at Hearing on IRS FY 2025 Budget and 2024 Filing Season

Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) delivered the following remarks at a hearing on the Internal Revenue Service (IRS) fiscal year 2025 budget and 2024 filing season with Commissioner Danny Werfel.   As prepared for delivery: “Thank you, Mr. Chairman, and welcome again Commissioner Werfel. “The IRS needs to be accountable […]

Crapo Statement at Hearing on Medicare Clinician Payment Improvements

Washington D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) delivered the following remarks at a hearing entitled “ “Bolstering Chronic Care through Medicare Physician Payment.”  As prepared for delivery: “Thank you, Mr. Chairman. “Across the country, more than 60 million Americans rely on Medicare to meet their health care needs.  Over the next decade, […]

Crapo Blasts President’s Budget: “Higher Taxes for the Majority to Support Government Subsidies for the Few”

Washington, D.C.–At a U.S. Senate Finance Committee hearing on President Biden’s Fiscal Year 2025 budget, Ranking Member Mike Crapo (R-Idaho) highlighted the nearly $5 trillion in new and increased taxes included in the President’s budget proposal—tax proposals that would slow the economy and be felt by virtually all Americans.  Ranking Member Crapo highlighted the contrast […]

Crapo Statement at Hearing on President’s FY 2025 Budget

Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) delivered the following remarks at a hearing on the President’s fiscal year 2025 budget with U.S. Department of the Treasury Secretary Janet Yellen. As prepared for delivery: “Thank you, Mr. Chairman. Secretary Yellen, thank you for being here.  “Last week, President Biden released his staggering […]

Crapo Statement at Hearing on SSA FY 2025 Budget

Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) delivered the following remarks at a hearing on the President’s Fiscal Year (FY) 2025 Budget Request for the Social Security Administration (SSA) with Commissioner Martin O’Malley. As prepared for delivery: “Thank you, Senator Wyden, and thank you, Commissioner O’Malley, for appearing before the Committee this […]

Crapo Statement at Hearing on HHS FY 2025 Budget

Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo delivered the following remarks at a hearing on the President’s fiscal year 2025 budget for the Department of Health and Human Services (HHS) with HHS Secretary Xavier Becerra. As prepared for delivery: “Thank you, Mr. Chairman, and thank you, Secretary Becerra, for being here today. “Over […]