Crapo Statement at Hearing on the Administration’s Trade Agenda
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 President’s 2021 Trade Policy Agenda.” The text of Ranking Member Crapo’s remarks, as prepared, is below. “Thank you Mr. Chairman. Welcome Ambassador Tai. “The President’s 2021 Trade Policy Agenda opens with two […]
Crapo Calls for Clarity on IRS “Tax Gap” Estimates
Washington, D.C. – U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, sent a letter to Internal Revenue Service (IRS) Commissioner Rettig to clarify tax gap estimates. During a recent Finance Committee hearing, Commissioner Rettig speculated that the “tax gap,” or the difference between what taxpayers owe and what they actually pay, […]
Crapo, Brady Call on Labor Department to Combat Unemployment Insurance Fraud
Washington, D.C. – U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, and U.S. Representative Kevin Brady (R-Texas), Ranking Member of the House Ways and Means Committee, today urged U.S. Department of Labor Secretary Marty Walsh to devote significantly more funds to the detection and prevention of unemployment insurance fraud, given the […]
Crapo Statement on TRIPS Waiver
WASHINGTON, D.C. – U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, issued the following statement following the U.S. Trade Representative’s (USTR) announcement that it supports waiving patent protections on COVID-19 vaccines: “All Members of Congress are committed to improving global distribution of vaccines. I support actions that make a real […]
Crapo Statement at Hearing on Social Security Operations During the Pandemic
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, “Social Security During COVID: How the Pandemic Hampered Access to Benefits and Strategies for Improving Service Delivery.” The text of Ranking Member Crapo’s remarks, as prepared, is below. “Thank you, Mr. Chairman, for […]
Crapo: Job-Killing Tax Hikes Counterproductive
Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) issued the below statement following President Biden’s address to a joint session of Congress: “President Biden outlined an agenda that is regrettably out of sync with what Idaho’s economy and Americans currently need. There is no doubt that we still face challenges coming out of […]
Crapo, Risch Introduce Back to Work Bonus Legislation
Washington, D.C.–U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) and U.S. Senator Jim Risch (R-Idaho) today introduced the “Back to Work Bonus Act.” The bill counteracts enhanced federal unemployment benefits that discourage workers from returning to jobs by providing a back-to-work bonus for those who are able to safely do so. Idaho was the […]
Crapo Statement at Hearing on the Tax Code and the Energy Sector
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, “Climate Challenges: The Tax Code’s Role in Creating American Jobs, Achieving Energy Independence, and Providing Consumers with Affordable, Clean Energy.” The text of Ranking Member Crapo’s remarks, as prepared, is below. “Thank you, […]
Crapo, Whitehouse Release Energy Innovation Tax Credit Proposal
Washington, D.C.–Today, U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee, and U.S. Senate Finance Committee member Sheldon Whitehouse (D-Rhode Island) released a discussion draft of the Energy Sector Innovation Credit (ESIC) Act, a bipartisan energy tax proposal to encourage innovation in the clean energy sector. “The U.S. is a […]
Crapo Statement at Hearing on U.S.-China Relations
WASHINGTON – U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee, delivered the following remarks at a hearing entitled, “U.S.-China Relations: Improving U.S. Competitiveness Through Trade.” The text of Ranking Member Crapo’s remarks, as prepared, is below. “Thank you for those remarks, Mr. Chairman, and for spearheading this effort […]