Wyden Offers Ideas for Improving Child Welfare System
WASHINGTON –Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today made public a “discussion draft” of legislation to improve the nation’s foster care system by giving States and Tribes much-needed flexibility to finance new tools and programs to better the lives of at-risk children and their families. The Wyden proposal would expand the federal foster […]
Wyden and Hoeven Introduce Move America Program to Boost Infrastructure Investment
WASHINGTON –Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senator John Hoeven, R-N.D., today introduced legislation that would bring billions of dollars of investment to state and local government to help grow and repair America’s aging infrastructure. The bill, the “Move America Act of 2015,” would expand tax-exempt private activity bonds and create a […]
Wyden Statement at Finance Committee Markup of 529 College Savings Plans
Thank you, Chairman Hatch. Let me begin my remarks by saying that the Finance Committee today is marking up legislation that’s useful, but very narrowly targeted. This bill will help make some of the most basic costs of a college education more affordable for a lot of students in Oregon and elsewhere, but mainly for […]
Wyden Statement at Finance Hearing on the Medicare Appeals Process
WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today made the following statement at a Senate Finance Committee hearing examining the Medicare’s appeals process: Since the days when I was director of the Oregon Gray Panthers, seniors and their providers have been frustrated by what they considered to be the arbitrary nature of […]
Senate Finance Democrats Call for Leadership on the Highway Trust Fund
WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore. and Finance Democrats today sent a letter to Senate Finance Committee Chairman Orrin Hatch calling for leadership in bringing the Committee together to explore long-term funding solutions before time runs out. As part of this, Finance Democrats encouraged the Chairman to engage the Committee in a […]
Wyden Statement at Finance Hearing on Treasury, HHS Nominees
Thank you, Chairman Hatch, for holding today’s hearing. I also want to thank our nominees for joining us. This afternoon, the Finance Committee is considering three nominees for key posts in the administration – Anne Wall, Brodi Fontenot, and Rafael Lopez. All of these nominees are top of the class in their fields, and will […]
Wyden Recognizes Administration for Responding to His Push to Address Offshore Reinsurance Tax Loophole
WASHINGTON –Oregon Sen. Ron Wyden, ranking Democrat on the Senate Finance Committee, today recognized the Internal Revenue Service’s (IRS) efforts to help stop offshore reinsurance tax avoidance by issuing formal guidance. Wyden has repeatedly called upon the IRS over the past year to clarify rules that would prevent hedge funds from operating as offshore insurance […]
Wyden Statement on Finance Committee Passage of Trade Legislation
WASHINGTON – Oregon Sen. Ron Wyden, Ranking Democrat on the Senate Finance Committee, issued the following statement after the committee passed four bills to bring new transparency, enforcement and labor protections to trade agreements, while expanding support for the U.S. workforce: “This is a fresh approach to trade policy that’s going to work better for […]
Wyden Statement at Finance Committee Markup of Trade Bills
For lack of time today, there are only a few points I’ll tick through. Over the next decade and a half, the global middle class is going to balloon by more than two billion people, and they’re going to spend money. They’re going to buy computers, cars, medical products, agricultural goods, engineering plans, and more. […]
Wyden Statement on Trade Hearing Announcement
WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement on the announcement the committee will meet next week to continue its discussion of Trade Promotion Authority (TPA): “I am glad Chairman Hatch decided to continue our discussion on trade to bring in voices both in support and opposition on this […]