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 […]
Crapo, Brady to IRS: Breach of Taxpayer Data Cannot Be Tolerated
Washington, D.C. – Following an egregious and illegal breach of taxpayer privacy, stemming from the apparent leak of confidential taxpayer information from the Internal Revenue Service (IRS) to the media outlet ProPublica, U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) and U.S. House Ways and Means Republican Leader Kevin Brady (R-Texas) are demanding answers. […]
Crapo Statement at Treasury Nominees Markup
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee, delivered the following remarks at an executive session to vote on nominees to the U.S. Department of Treasury. The text of Ranking Member Crapo’s remarks, as prepared, is below. “We are meeting today to consider four nominations to important […]
Crapo Renews Request for Detailed “Tax Gap” Information
Washington, D.C. – At a U.S. Senate Finance Committee hearing with Internal Revenue Service’s (IRS) Commissioner Rettig, Ranking Member Mike Crapo (R-Idaho) reiterated his request for detailed information on the IRS’s recent “tax gap” estimates. “When you testified earlier before the committee, you estimated that the tax gap could be as high as $1 trillion […]
Crapo Statement at Hearing on IRS 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 IRS’s Fiscal Year 2022 Budget.” The text of Ranking Member Crapo’s remarks, as prepared, is below. “Thank you Mr. Chairman, and thank you Commissioner Rettig for joining us again today. […]
Crapo, Brady Urge Caution on G-7 Agreement
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) issued the following statement today regarding the G-7 nations agreement on new rules for taxing global companies: “A speculative agreement appears premature given the many unanswered questions about the Pillar 1 […]
Crapo on Budget-Busting Spending and Job-Killing Tax Hikes
Washington, D.C. — U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) issued the following statement today regarding President Biden’s budget announcement: “I continue to disagree with the Administration’s bids to pay for budget-busting spending with job-killing tax hikes. This colossal $6 trillion proposal includes tax increases that will inevitably hurt all Americans and […]
Crapo Secures Inclusion of the Trade Act of 2021 in China Bill
Washington, D.C.— U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, secured inclusion of the Trade Act of 2021 into the U.S. Innovation and Competition Act. The amendment was adopted by an overwhelming bipartisan majority, 91-4. Prior to the vote, Senator Crapo delivered remarks on the Senate Floor describing the bipartisan agreement […]
Crapo, Bennet Introduce Bipartisan Bill to Ensure Medicare Beneficiaries Receive Coverage for Cancer Detection Technologies
Washington, D.C.– U.S. Senators Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, and Michael Bennet (D-Colorado), member of the Committee, reintroduced S. 1873 the Medicare Multi-Cancer Early Detection Screening Coverage Act, which would provide Medicare coverage for screening tests to save lives and costs to the health care system. The bipartisan legislation would […]