Senate Blocks Wyden, King Resolution Closing Tax Loopholes for Large Corporations
Washington, D.C. – Today the U.S. Senate blocked a resolution from Senators Ron Wyden (D-OR) and Angus King (I-ME) to close loopholes in the tax code for large corporations and private equity companies. The Senators’ Congressional Review Act (CRA) resolution would have reversed a recent regulatory change that has resulted in a $10.3 billion tax […]
Wyden Calls for Senate to Overturn Trump’s Latest $10B Corporate Tax Handout
Watch a video of Wyden deliver his remarks here The Senate is going to vote very shortly on a resolution I put forward to overturn a new Trump administration policy regarding corporate taxes and partnerships. When you start using a whole bunch of Washington lingo about the corporate alternative minimum tax and income allocated across […]
Fact Sheet on Corporate Alternative Minimum Tax CRA Resolution
Washington, D.C. — In November Senate Finance Committee Ranking Member Ron Wyden, D-Ore., filed a resolution to overturn recent Treasury guidance that granted a massive new tax break to highly profitable corporations and private equity giants. A vote on the resolution is expected on Tuesday. Additional details on the Treasury Department’s action are below. According […]
Big Ugly Bill Drives Deeper Cuts into Americans’ Health Care
December Report Confirms Harm to Hospitals, Patients, and Health Care Workers is Still on the Rise Text of the Report (PDF) Washington, D.C. – Senate Finance 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 exposing the Republican Big Ugly Bill […]
Wyden Statement on TrumpRx Announcement
Washington, D.C. — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement after Donald Trump announced the creation of TrumpRx. “Every American familiar with the Trump record knows that all roads in TrumpRx will lead to Trump’s pocket,” Wyden said. “TrumpRx is nothing more than a glorified coupon book, and it […]
Wyden, Senate Democrats Blast Trump’s Drug Pricing Fraud, Lay Out Agenda for Lower Prices
As Drug Prices Continue to Go Up, and Republicans Hand Gifts to Big Pharma, Democrats Offer Bold Vision to Lower Drug Costs for All Americans Text of the Dear Colleague (PDF) Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., along with Senators Catherine Cortez Masto, D-Nev., Peter Welch, D-Vt., and Ruben Gallego, […]
Wyden, Van Hollen Question Trump Administration Over Secret Process for Tariff Cuts That Favor Politically Connected Companies Over Small Businesses
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies (CJS) Ranking Member Chris Van Hollen, D-Md., questioned the Trump administration’s reliance on a secret, closed-door process for exempting thousands of products from tariffs, which has favored politically connected companies and industries, while […]
Wyden, Warren Demand Answers as Trump Attempts to Steal $10B From Taxpayers in IRS Lawsuit
Washington, D.C. – Days after Donald Trump filed a $10 billion lawsuit against the Treasury and IRS over a leak of tax records that occurred during his first term as president, Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) and Banking Committee Ranking Member Elizabeth Warren (D-Mass.) today demanded to know whether Treasury Secretary Bessent […]
Wyden Ridicules $10B Trump Lawsuit Against IRS, Treasury
Washington, D.C. — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement on Donald Trump suing the IRS and Treasury Department for $10 billion over the leak of his tax returns: “Donald Trump is a cheat and a grifter to his core, and for him to abuse his office in an […]
With DHS Terrorizing Communities Nationwide, Wyden Leads Democrats Demanding Answers About ICE’s Abuse of Taxpayer Data
Washington, D.C. – With federal agents committing acts of violence, targeting children and snatching people across the country, Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and 10 senators today demanded answers from Treasury Secretary and acting IRS Commissioner Scott Bessent about the IRS’s unprecedented agreement to disclose private individual tax records to DHS and […]