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 […]
Democrats Choose Big Government over Americans’ Privacy
Washington, D.C. — U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) issued the following statement after Democrats voted down his amendment to prevent the undue monitoring and reporting of sensitive financial information on law-abiding Americans to the Internal Revenue Service (IRS). Instead, Democrats adopted an amendment to provide even more latitude to the IRS […]
Crapo Files Amendment to Protect Americans’ Privacy from Intrusive IRS Reporting Regime
Washington, D.C. — U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) filed an amendment to the Democrats’ reckless tax-and-spend legislation to prevent the monitoring and reporting of sensitive American taxpayer information to the Internal Revenue Service (IRS) by financial institutions. The Democrats’ proposal would press private-sector financial institutions into reporting deposit and withdrawal flows […]