Crapo Statement at Hearing on IRS Customer Service Challenges

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, “Spotlighting IRS Customer Service Challenges.”  The text of Ranking Member Crapo’s remarks is below.   “Thank you Mr. Chairman, and I thank all of our witnesses for joining us today. “For Ms. Collins, […]

Crapo: Self-Inflicted Inflation Crisis

Washington, D.C.–With inflation having accelerated under the Biden Administration to 40-year highs, Americans face soaring prices across the board for everyday expenses.  Today, U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, led a news conference with Republican colleagues to highlight inflation’s harmful effects on American households and businesses, and urged colleagues […]

Finance Committee Republicans Request Information on the Adverse Effects of High, Persistent Inflation on the Federal Budget

Washington, D.C.–In light of high and accelerating inflation, Senate Finance Committee Republicans, led by Ranking Member Mike Crapo (R-Idaho), are asking the Congressional Budget Office (CBO) for detailed information on the harmful effects inflation has on the federal budget.  As inflation continues to hammer pocketbooks of Americans, it also eats up fiscal space by increasing […]

Crapo Statement at Hearing on Youth Mental Health

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, “Protecting Youth Mental Health: Part II—Identifying and Addressing Barriers to Care.”  The text of Ranking Member Crapo’s remarks, as prepared, is below.   “Thank you, Mr. Chairman, and thank you to our witnesses […]

Crapo: Inflation Continues to Hammer Americans

Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) released the following statement after the January Producer Price Index (PPI) release showed persistently high producer prices:    “Continued price pressures are hammering small businesses and consumers, who are already suffering from persistent inflation.  While we need to fund the federal government, the Administration cannot […]

Republicans Urge IRS to Provide Maximum Taxpayer Support During Difficult Filing Season

Washington, D.C.–Senate Republicans, led by Finance Committee Ranking Member Mike Crapo (R-Idaho), are urging the Internal Revenue Service (IRS) to do everything it can to support taxpayers during the current tax filing season.  In a letter to Treasury Secretary Janet Yellen and IRS Commissioner Chuck Rettig, the senators press the agency to provide taxpayers with […]

Crapo Statement on High, Persistent Inflation

Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) released the following statement after the January Consumer Price Index (CPI) release showed inflation surged 7.5 percent year over year.   “Consumer price inflation continues to accelerate, and each month hits highs not seen in 40 years.  Americans are paying more for groceries, gas, and other household […]

Crapo Statement at HHS Nominations 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 a hearing to consider the following nominations to the Department of Health and Human Services (HHS): Robert Gordon, Assistant Secretary for Financial Resources; January Contreras, Assistant Secretary for Children and Families; and Rebecca Jones Gaston, Commissioner […]

Crapo Statement at Hearing on Youth Mental Health

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, “Protecting Youth Mental Health: Part I – An Advisory and Call to Action.”  The text of Ranking Member Crapo’s remarks, as prepared, is below.   “Thank you, Mr. Chairman, and thank you, Dr. […]

Republicans Raise Serious Concerns with Intrusive IRS Identity Verification Measures

Washington, D.C.–Senate Republicans, led by Ranking Member Mike Crapo (R-Idaho), are raising serious questions and concerns with the Internal Revenue Service’s (IRS) announcement of a major expansion of its collaboration with ID.me that will require taxpayers to have an ID.me account to access key IRS online resources.  In order to register with ID.me, taxpayers will […]