Wyden Statement at Finance Committee Hearing on IRS Fiscal Year 2019 Budget
Less than two months ago, Republicans passed legislation making ten trillion dollars in tax changes virtually on the fly — the biggest tax overhaul in three decades, requiring a web of complicated rule changes. Now they’re giving short shrift to the IRS, which is the agency that actually has to implement those changes and provide […]
Wyden Statement at Finance Committee Hearing on Republican Tax Law, Treasury’s Fiscal Year 2019 Budget
Today ought to start off with a recap on taxes. A little more than three months ago, Treasury Secretary Mnuchin told CNN that his models showed the Trump tax bill would spur $2.5 trillion in growth – enough to fully cover its $1.5 trillion cost and leave a $1 trillion cherry on top. He added, […]
Wyden Statement on Trump Infrastructure Plan
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement regarding the president’s infrastructure plan: “This is another broken promise to rebuild America’s aging infrastructure. It is a plan for wealthy investors who only care about wasting taxpayer dollars to fund their privatization schemes,” Wyden said. “$200 billion is a drop in […]
Wyden Requests Financial Records Related to Dmitry Rybolovlev and Purchase of Trump Palm Beach Property
Washington, D.C. – Finance Committee Ranking Member Sen. Ron Wyden, D-Ore., today requested from the Treasury Department any records involving Russian oligarch Dmitry Rybolovlev and his $95 million purchase of Donald Trump’s Palm Beach estate. Mr. Rybolovlev sold two tracts of the Palm Beach property in 2016 and 2017 to shell companies without clear beneficial […]
Wyden Secures Priorities for Seniors, Kids, Clean Energy
Washington, D.C. – Senate Finance Committee Ranking Member Sen. Ron Wyden, D-Ore., today cheered the inclusion of several Finance Committee policies he championed as a part of the recently announced budget deal. These include the CHRONIC Care Act, the Family First Act, a further extension of funding for the Children’s Health Insurance Program (CHIP) for […]
Trump’s Unfilled Prescription for Lower Drug Prices
Bringing down the high cost of prescription medicine was one of Trump’s headline promises on the 2016 campaign trail. A little more than a year later, that promise has been all talk and no action. Since his election, Trump has promised at least twelve times that he is going to take action to lower drug […]
Wyden Statement on Azar Approval of Harmful Indiana Medicaid Waiver
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement after Health and Human Services (HHS) Secretary Alex Azar travelled to Indiana to announce the approval of that state’s Medicaid waiver, which includes numerous policies that would harm Americans who count on the program: “In his first major act since joining the […]
Wyden Requests Financial Information Related to Alexander Torshin, Other Russian Officials
WASHINGTON—Following news reports regarding links between Russian official Alexander Torshin and the NRA, Sen. Ron Wyden, D-Ore, ranking member of the Senate Finance Committee, requested financial information from the Treasury Department and the National Rifle Association, in letters sent today. Letter to Treasury Department – Requesting documents, particularly from Treasury’s Financial Crimes Enforcement Network, related […]
Wyden Statement on Russian Oligarch Report
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement regarding Treasury’s mandated report on Russian oligarchs and their ties to Vladimir Putin: “The law requires Treasury to publicly list the Russian oligarchs closest to Vladimir Putin, to name and shame the cronies tied up with his lawless regime. […]
Wyden: Attacks on Women’s Health Are a Key Part of Trump’s Agenda of Health Care Discrimination
The odds are good that when this Republican-controlled Congress closes up shop in December, it’ll have spent more time and effort on legislation attacking women’s health than on any other issue. They’re back at it today, and this latest attack goes after women’s control of their own health care choices. This is another anti-woman plank […]