Crapo, Brady: Global Tax Negotiations Must Protect American Workers and Businesses
Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) and U.S. House Ways and Means Ranking Member Kevin Brady (R-Texas) sent a letter to U.S. Department of Treasury Secretary Janet Yellen, ahead of a meeting of finance ministers from the G-20, outlining concerns with the high-level agreement reached at the Organisation for Economic Co-operation […]
Crapo Requests Updated Debt Limit Information from Treasury
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, requested updated information for U.S. Department of Treasury Secretary Yellen regarding the state of federal finances. Crapo notes in the letter that “as we near the end of the debt-limit suspension, it is useful to have updated information on the state of […]
Crapo, Stabenow Lead Bipartisan Bill to Help Address Shortfall of Veterinarians in Rural Areas
Washington, D.C.–U.S. Senate Committee on Finance Ranking Member Mike Crapo (R-Idaho) and Finance Committee member Debbie Stabenow (D-Michigan) reintroduced bipartisan legislation to address the shortfall of veterinarians in rural areas. The Veterinary Medicine Loan Repayment Program (VMLRP) Enhancement Act would help meet the growing demand for veterinarians nationwide by eliminating taxes on programs that encourage veterinarians to […]
Crapo, Burr Reintroduce Legislation to Tackle Prescription Drug Prices, Encourage New Treatments
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, and U.S. Senator Richard Burr (R-North Carolina), Ranking Member of the Senate Health, Education, Labor and Pensions Committee, reintroduced the Lower Costs, More Cures Act (LCMCA) to lower prescription drug prices, bring greater transparency to the prescription drug industry, and encourage American […]
Crapo Requests Review of IRS Data Security
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, has requested a review by the Government Accountability Office (GAO) of the Internal Revenue Service’s (IRS) data security practices, procedures and methods. The request follows the unauthorized disclosure of individuals’ confidential tax returns to the media outlet, ProPublica. From the letter: […]
Crapo Statement at Hearing on the President’s 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 2022 Budget with 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 thank […]
Crapo Statement at Hearing on Mental Health Care in America
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, “Mental Health Care in America: Addressing Root Causes and Identifying Policy Solutions.” The text of Ranking Member Crapo’s remarks, as prepared, is below. “Thank you, Mr. Chairman. Ensuring access to high-quality […]
Senate Republicans to Biden DOJ: “Do Your Jobs” on IRS Leaks
WASHINGTON D.C. — Finance Committee Ranking Member Mike Crapo (R-Idaho), U.S. Senate Republican Leader Mitch McConnell (R-Kentucky) and Judiciary Committee Ranking Member Chuck Grassley (R-Iowa) sent a letter to U.S. Attorney General Merrick Garland and FBI Director Christopher Wray demanding a prompt investigation and prosecution of the latest IRS leak of confidential taxpayer information. The […]
Finance Committee Republicans Demand Investigation into Massive, Illegal IRS Data Leak
Washington, D.C. – U.S. Senate Finance Committee Republicans are demanding an investigation into the apparent massive leak of more than 15 years of legally protected, personal taxpayer information from the Internal Revenue Service (IRS) to the media outlet ProPublica. In a letter to the Treasury Inspector General for Tax Administration (TIGTA), the senators note the […]
Crapo Statement at Hearing on HHS 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 entitled, “The HHS’s Fiscal Year 2022 Budget.” The text of Ranking Member Crapo’s remarks, as prepared, is below. “Thank you, Mr. Chairman. The events of the past year have emphasized the importance […]