Crapo at Hearing on President’s Budget: The Spending Binge Must Stop
Washington, D.C.–At a U.S. Senate Finance Committee hearing on President Biden’s FY2024 budget, Ranking Member Mike Crapo (R-Idaho) said that after two years of economic mismanagement that contributed to record-high inflation and excessive deficit spending, the Biden Administration is doubling down with more of the same in its budget. Noting that Americans want Congress to […]
Crapo Statement at Hearing on The President’s FY 2024 Budget
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee, delivered the following remarks at a hearing on the President’s fiscal year 2024 budget with the U.S. Department of Treasury Secretary Janet Yellen. The text of Ranking Member Crapo’s remarks, as prepared, is below. “Thank you, Mr. Chairman, and […]
Senate Finance Republicans: Medicare Advantage Proposals Risk Care Disruptions, Premium Hikes for Seniors
Washington, D.C.–Senate Finance Committee Republicans, led by Ranking Member Mike Crapo (R-Idaho), urged government health officials to take steps to prevent adverse outcomes for patients who rely on Medicare Advantage (MA) following a February 2023 proposal from Centers for Medicare and Medicaid Services (CMS). The proposal includes changes to the diagnostic system for some chronic […]
President Biden’s $4.7 Trillion Tax Hike
Washington, D.C.–After two years of policies that have led to record-high inflation and excessive deficit spending, the Administration is doubling down with more of the same ‘cutting room floor’ tax-and-spend proposals that fail to deliver what Americans want or need, and have been rejected by both political parties. “The President’s budget calls for nearly $5 […]
Crapo Statement on Tried-and-Failed, Tax-and-Spend Budget Proposals
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, issued the following statement on President Biden’s FY2024 budget request: “The President’s budget makes clear the Administration has not learned from its mistakes that have led to two years of record-high inflation and excessive deficit spending. Instead, this Administration is doubling […]
Senate Republicans Blast Innovation-Stifling Drug-Pricing Model
Washington, D.C.–Senate Republicans, led by Senate Finance Committee Ranking Member Mike Crapo (R-Idaho), urged government health officials against the implementation of a drug-pricing model selected by the Department of Health and Human Services (HHS) to complement the Administration’s prescription drug pricing scheme. In a letter to HHS Secretary Xavier Becerra and Centers for Medicare […]
Crapo Announces Chief Tax Counsel, Staffing Updates
Washington, D.C.–Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) today announced staffing updates to expand several leadership roles on the Committee, including promoting Courtney Connell to chief tax counsel, and Jamie Cummins and Don Snyder to senior tax counsel. Courtney Connell, Chief Tax Counsel Connell joined the Finance Committee as tax counsel in January […]
Crapo Statement at Hearing on Housing Tax Incentives
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee, delivered the following remarks at a hearing entitled, “Tax Policy’s Role in Increasing Affordable Housing Supply for Working Families.” As prepared for delivery: “Thank you, Mr. Chairman. You have well laid out the issue today. I appreciated your focus on […]
Finance Committee Republicans Urge Against Use of Discriminatory Metrics in Federal Health Programs
Washington, D.C.–Senate Finance Committee Republicans, led by Ranking Member Mike Crapo (R-Idaho), urged senior government health officials against the potential use of quality-adjusted life years (QALYs) or other similar discriminatory metrics in federal health programs, including the new drug price-setting program under the partisan Inflation Reduction Act (IRA). In a letter to Health and […]
Congressional Republicans Push for Transparency, Accountability of Drug Price-Setting Fund
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, U.S. House Ways and Means Chair Jason Smith (R-Missouri) and U.S. House Energy and Commerce Chair Cathy McMorris Rodgers (R-Washington) are requesting detailed information from top government health officials regarding the $3 billion drug price-setting implementation fund included in the Inflation Reduction […]