Finance Committee Republicans Push Commonsense Provisions in Energy Tax Bill
Washington, D.C.–The U.S. Senate Finance Committee voted along party lines on “The Clean Energy for America Act,” a bill that eliminates tax incentives for the fossil fuel industry, which would result in job losses and increased gas prices at the pump for consumers. Although Democrats indicated a willingness to continue conversations on a number of […]
Crapo Statement at Finance Committee Markup
Washington, D.C.—At a U.S. Senate Finance Committee executive session to consider “The Clean Energy for America Act,” Ranking Member Mike Crapo (R-Idaho), said he is willing to work on modifying energy tax provisions in the tax code, but not at the expense of millions of good-paying American jobs. Key Excerpts: “There is bipartisan agreement that […]
Crapo Urges Colleagues to Vote to Prevent China and Russia from Gaining Access to American Intellectual Property
Washington, D.C.– U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho), spoke on the Senate Floor today urging the Senate to adopt his World Trade Organization (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement) amendment to the U.S. Innovation and Competitiveness Act. Introduced last week, the amendment would guarantee the Administration a […]
Crapo Statement at 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 multiple nominations to the U.S. Department of Treasury. The text of Ranking Member Crapo’s remarks, as prepared, is below. “Thank you, Chairman Wyden. Today we welcome four nominees for positions at […]
Crapo Raises Questions on Treasury OECD Strategy
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, sent a letter to U.S. Department of Treasury Secretary Janet Yellen outlining priorities and raising questions regarding Treasury’s approach to international tax negotiations with the Organisation for Economic Co-operation and Development (OECD). From the letter: “The United States should not be willing […]
Crapo, Brady Press Treasury for Status of Medicare Hospital Insurance Trust Fund
Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, and Representative Kevin Brady (R-Texas), Ranking Member of the House Ways and Means Committee, sent a bicameral letter to Treasury Secretary Janet Yellen requesting a revised Medicare Hospital Insurance (HI) trust fund insolvency projection as soon as possible. Assessing the true nature […]
Crapo Files Amendments to Protect American Companies’ Intellectual Property Rights and Enforce Global Trade Rules
Washington, D.C–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) filed two amendments to the U.S. Innovation and Competition Act: an amendment to provide for transparency and congressional review of the World Trade Organization (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement); and The Trade Act of 2021. TRIPS Agreement Amendment […]
Republicans Introduce Bill to Fight Unemployment Fraud
Washington, D.C.–Today, U.S. Senator Mike Crapo (R-Idaho), the top Republican on the Senate Finance Committee, introduced the Combatting COVID Unemployment Fraud Act of 2021. The bill will prevent fraud in COVID unemployment programs, recover fraudulently paid benefits, and provide relief for taxpayers and victims of unemployment fraud. A companion bill was introduced in the House […]
Crapo Statement at Hearing on COVID-19 Health Care Flexibilities
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, “COVID-19 Health Care Flexibilities: Perspectives, Experiences and Lessons Learned.” The text of Ranking Member Crapo’s remarks, as prepared, is below. “Thank you, Mr. Chairman, for holding this important hearing. “Congress and […]
Crapo Statement at Hearing on Infrastructure Funding
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, “Funding and Financing Options to Bolster American Infrastructure.” The text of Ranking Member Crapo’s remarks, as prepared, is below. “Thank you, Mr. Chairman, for holding this timely hearing on funding and financing options […]