Crapo Statement at Hearing on Customs Modernization

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, “Ending Trade that Cheats American Workers By Modernizing Trade Laws and Enforcement, Fighting Forced Labor, Eliminating Counterfeits, and Leveling the Playing Field.”  The text of Ranking Member Crapo’s remarks, as prepared, is below. […]

Crapo Pushes for Transparency, Accountability at IRS Commissioner Nomination Hearing

Washington, D.C.–At a U.S. Senate Finance Committee hearing on the nomination of Danny Werfel to be the Commissioner of the Internal Revenue Service (IRS), Ranking Member Mike Crapo (R-Idaho) secured commitments from Mr. Werfel to be transparent and accountable to hardworking American taxpayers, if confirmed.  Senator Crapo pushed Mr. Werfel for commitments to make funding […]

Crapo Statement at IRS Commissioner Nomination Hearing

Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee, delivered the following remarks at hearing to consider the nomination of Daniel Werfel to be Internal Revenue Service (IRS) Commissioner.   The text of Ranking Member Crapo’s remarks, as prepared, is below.   “Mr. Werfel, thank you for your willingness to […]

Crapo: Finance Committee Republicans are Committed to Protecting Hardworking Taxpayers from Heavy-Handed IRS

Washington, D.C.–U.S. Senate Finance Committee Republicans, led by Ranking Member Mike Crapo (R-Idaho), reintroduced a bill to prevent the Internal Revenue Service (IRS) from using its $80 billion infusion of taxpayer dollars included in the Inflation Reduction Act (IRA) to squeeze more revenue out of hardworking taxpayers who earn less than $400,000 per year.    “Advocates claim […]

Crapo Announces Finance Committee Staff for the 118th Congress

Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) has announced the Republican staff members of the Committee for the 118th Congress.  “These talented individuals will play a critical role in developing policies and exercising strong oversight on so many issues that broadly impact the lives of every American,” said Crapo.  “From tackling our […]

Crapo Named Ranking Member of Senate Finance Committee

Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho) will continue to serve as the top Republican of the powerful Senate Finance Committee in the 118th Congress.  The Senate Finance Committee oversees more than 50 percent of the federal budget, and Crapo’s position gives Idaho a strong voice in legislation related to federal tax policy; federal social safety […]

Crapo: Americans Can’t Afford More of the Same Tax-and-Spend Strategy

Washington, D.C.–In an interview with Larry Kudlow on Fox Business, U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) talked about his reaction to the damaging tax-and-spend proposals outlined in the President’s State of the Union address.       On the President calling for more taxing and spending:    “The President said ‘let’s finish […]

Crapo: Two Years of Economic Mismanagement

Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho) issued the following statement after President Joe Biden’s second State of the Union address. “Tonight, the President touted the status quo, but acceptance of the current state of our nation is deeply out of touch with the hardships many Americans face: record costs for goods; higher interest rates; a crisis […]

Crapo: We Need to Get Our Spending Under Control

Washington, D.C.–In an interview with Larry Kudlow on Fox Business, U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) discussed the success of 2017 Republican tax reform, and the need for spending reform proposals to be put forward and debated on a bipartisan basis, emphasizing that the key is “less spending, less taxing, less regulation […]

Crapo Welcomes Johnson, Tillis, Blackburn to Finance Committee

Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) today welcomed three new Republican members to the Committee for the 118th Congress: Senators Ron Johnson (R-Wisconsin), Thom Tillis (R-North Carolina) and Marsha Blackburn (R-Tennessee).   “The Finance Committee plays a vital role in shaping our nation’s economy, and these three additions join a strong […]