Wyden, Whitehouse, Warren, Cortez Masto, Hassan, Luján, Welch, Question Meta’s Use of Billions in Research and Development Tax Credits to Subsidize Its AI Data Center Construction Boom
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., along with Senators Sheldon Whitehouse, R.I., Elizabeth Warren, Mass., Catherine Cortez Masto, Nev., Maggie Hassan, N.H., Ben Ray Luján, N.M., and Peter Welch, Vt., called on Meta to justify its use of billions in federal research and development tax credits to fund its rapid […]
Working Families Tax Cuts Help More Americans Save for Health Care
Washington, D.C.—The Working Families Tax Cuts are making it easier for Americans to save for health care expenses by expanding access to Health Savings Accounts (HSAs). Before the law took effect, only 2 percent of people insured through the federal Affordable Care Act marketplace were enrolled in HSA-eligible plans, which provides a tax-advantaged way to […]
Republican Health Care Cuts are Decimating American Families
Text of the Report (PDF) Washington, D.C. – Senate Finance Committee (Committee) Ranking Member Ron Wyden, D-Ore., and House Energy and Commerce Committee Ranking Member Frank Pallone, Jr., D-N.J., today released their latest report spotlighting the consequences of Donald Trump and Republicans’ health care cuts, with a focus on the fallout of the Republican Big […]
Working Families Tax Cuts Build a Skilled Workforce
Washington, D.C.—The Working Families Tax Cuts are helping Americans gain the skills needed to succeed in the workplace. The law expands support for workforce development programs and education, making it easier for Americans to pursue the training, skills and credentials that best fit their career goals and open doors to new opportunities. The law’s pro-growth […]
Wyden Statement on Trump’s Latest Attempt to Bribe the American Public
Washington, D.C. — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement after Donald Trump announced he had drained the Medicare Improvement Fund to send a nominal sum to seniors with Medicare Part B. “This year, Trump handed seniors a $200 monthly Medicare premium for the first time ever, and he […]
As Trump Circumvents Anti-Trafficking Office, Wyden Demands Restoration of Direct Reporting
Text of the Letter (PDF) Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today demanded that the Trump administration immediately cancel a new Department of Health and Human Services (HHS) policy that orders care providers to stop reporting suspected instances of human trafficking among unaccompanied minors to an office of experts dedicated […]
Wyden Demands Immediate Release of Epstein Investigation Document Illegally Concealed by Trump’s DOJ and FBI
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., demanded the Department of Justice (DOJ) immediately hand over any reports documenting interviews from the FBI’s Jeffrey Epstein investigation, after his investigators discovered the FBI conducted an interview with a banker closely tied to Epstein, but failed to release the document recording the interview, […]
Senate Unanimously Approves Bipartisan Taxpayer Assistance and Service Act
Washington, D.C.—U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Ron Wyden (D-Oregon) today applauded the Senate’s unanimous approval of the Taxpayer Assistance and Service (TAS) Act, a package of 65 bipartisan reforms to modernize the Internal Revenue Service (IRS), strengthen taxpayer rights and improve the agency’s ability to administer the tax code […]
Finance Democrats Demand Scott Bessent Pay Back Unpaid Payroll Taxes
During His Confirmation Hearing, Bessent Agreed to Pay Payroll Tax Evaded During His Time as a Hedge Fund Manager Latest Second Circuit Court Ruling is Another Confirmation That Limited Partner Loophole is an Illegal Tax Dodge Text of the Letter (PDF) Washington, D.C. – Senate Finance Committee (Committee) Ranking Member Ron Wyden, D-Ore., led six […]
Working Families Tax Cuts Make Parenthood More Affordable
Washington, D.C.—In addition to delivering individual tax relief for the vast majority of Americans, the Working Families Tax Cuts are making raising a family more affordable for new and future parents. The law strengthens policies that support adoption and child care, while expanding opportunities for children to access a quality education and begin saving for […]