Finance Committee Republicans Demand Full, Open Process to Vet Reckless Tax-and-Spend Proposals
Washington, D.C. – U.S. Senate Finance Committee Republicans are demanding a full, open markup to thoroughly and rigorously examine and debate any forthcoming reckless tax-and-spend proposals in the Finance Committee’s jurisdiction. While the legislation Democrats intend to introduce has been withheld from Republicans on the Committee and from the American people, press reports indicate a […]
Crapo, Brady Warn Administration’s OECD Position Undermines Congress’s Authority over U.S. Tax Law
Washington, D.C.–The Biden Administration is using the negotiations at the Organisation for Economic Co-operation and Development (OECD) to compel Congress to make aggressive U.S. tax law changes undermining Congress’s authority, warn the top Republicans tax-writers. U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) and U.S. House Ways and Means Ranking Member Kevin Brady (R-Texas) […]
Crapo Statement on 2021 Medicare and Social Security Trustees Reports
Washington, D.C.– U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, issued the following statement on yesterday’s 2021 Social Security Trustees Report and 2021 Medicare Trustees Report: “Yesterday’s reports on the financial status of various Medicare and Social Security trust funds once again identify unsustainable benefit promises in Medicare and Social Security […]
Crapo, Brady, Walorski Urge GAO to Investigate Scope and Severity of Fraudulent Activity in COVID Unemployment Insurance Programs
Washington, D.C.–The Government Accountability Office (GAO) must investigate the greatest theft of American tax dollars in the nation’s history, according to a new letter by U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, and U.S. Representatives Kevin Brady (R-Texas), Ranking Member of the House Committee on Ways and Means, and Jackie […]
Crapo Urges GAO to Call for Improved Medicare and Social Security Trust Fund Reporting
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, asked Comptroller General of the U.S. and head of the Government Accountability Office (GAO) Gene Dodaro to continue monitoring and calling for improvements in delivery of trustees reports on the financial status of Medicare and Social Security trust funds to Congress and […]
Senate Democrats’ International Tax Plan Would Drive U.S. Businesses, Jobs, and Investment Overseas
Tax Hikes Would Give Our Biggest Foreign Competitors, Like China, a Winning Hand To view the document, click here. The international tax plan released by Senate Democrats would create an unlevel playing field, making it impossible for U.S. businesses to compete in the global marketplace. The tax increases would overwhelmingly apply to U.S. companies, including […]
Crapo, Scott, Young, Brady and Reed ask GAO to Clarify Authorities and Term of Acting SSA Commissioner
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, U.S. Senators Tim Scott (R-South Carolina), Finance Committee Member and Ranking Member of the U.S. Senate Special Committee on Aging, and Todd Young, Finance Committee Member and Ranking Member of the Subcommittee on Social Security, Pensions, and Family Policy, and U.S. Representatives […]
Crapo: Republicans will not Raise Debt Ceiling to Fuel Reckless Spending
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, signed a letter led by Senator Ron Johnson (R-Wisconsin) and other Republican senators pledging not to vote to increase the debt ceiling, “whether that increase comes through a stand-alone bill, a continuing resolution, or any other vehicle.” A debt ceiling increase will be […]
Reckless Tax and Spending Spree Mortgages America’s Future
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, today voted against the Democrats’ $3.5 trillion reckless tax and spending spree, a filibuster-proof budget proposal that will do long-term damage to our economy. The proposal inched forward in the Senate by a party-line vote of 50-49. “Just days ago, we […]
Crapo, Grassley Question IRS Responsiveness over Data Breach
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, and U.S. Senator Chuck Grassley (R-Iowa), Ranking Member of the Judiciary Committee, asked Internal Revenue Service (IRS) Commissioner Charles Rettig for an update on the recent major potential data leak at the IRS, questioning whether the IRS has fulfilled its legal requirements […]