Wyden, Collins Offer Bill to Authorize Trade Adjustment Assistance
WASHINGTON – Today, Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senator Susan Collins, R-Maine, introduced legislation for a six-year reauthorization of Trade Adjustment Assistance, a critical job training and worker assistance program that strengthens the American workforce and helps make certain the United States can continue to compete successfully in the global economy. […]
Wyden Statement at Finance Committee Hearing on Congressional Trade Policy
What’s most important about the package I worked on with Chairmen Hatch and Ryan, in my view, is that it builds middle-class trade policies that will heighten transparency, expand economic opportunity, and create good jobs here at home. Let’s be clear — this legislation will not dust off the same old playbook from decades ago. […]
Wyden Introduces Bill to Renew Health Coverage Tax Credit
WASHINGTON –Oregon Sen. Ron Wyden, ranking Democrat on the Senate Finance Committee, introduced a bill to uphold a longstanding promise to support health coverage for unemployed and retired workers. The measure renews the Health Coverage Tax Credit, a critical program to strengthen the American workforce and make it more competitive internationally. “We have an obligation […]
Wyden Statement at Finance Committee Hearing on Trade Policy
In several town halls I’ve recently held at home in Oregon, the number one issue that came up was secrecy. That’s why I felt it was important to start the conversation on this issue as soon as possible. If you believe in trade and you want more of it, it doesn’t make sense to have […]
On Tax Day, Wyden Calls for Comprehensive Reform to Make Tax System Work for All Americans
WASHINGTON –Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today called for comprehensive tax reform that simplifies and improves the federal tax code so it works for all Americans. He also outlined ten aspects of current tax law that make the system unfair for middle-class Americans. “As Americans race to meet tonight’s midnight tax filing […]
Wyden Applauds Senate Passage of Legislation Establishing a New and Permanent Payment Formula for Medicare Providers
WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today praised the Senate’s approval of legislation establishing a new and permanent payment system for Medicare physicians and providers and extending the Children’s Health Insurance Program for two additional years. “This is a significant and hard won achievement that will ensure better quality health care […]
Wyden Statement on Republican Plans to Repeal Estate Tax
WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., issued a statement today following calls by Republican lawmakers for a repeal of the federal estate tax: “It’s ironic that my Republican colleagues are calling for a balanced budget and then in the same breath offering up a plan that would cost the government $269 billion […]
Wyden Commends Administration’s Efforts to Boost Awareness for Higher Education Tax Credits
WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today commended the Internal Revenue Service’s (IRS) increased outreach to high schools, colleges, and families across the country on how to take advantage of underutilized tax credits to help pay for higher education: “As Tax Day quickly approaches, millions of American families are busy sorting through […]
Wyden Applauds Administration Efforts to Improve Retirement Saving
WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued a statement following the release of guidance from the Treasury Department and Internal Revenue Service (IRS) that will facilitate automatic enrollment in and contributions to 401 (k) and similar retirement plans by improving the process for correcting errors to make it easier for businesses […]
Wyden Calls on IRS to Clarify Tax Treatment of Employer-Provided EV Charging
WASHINGTON –Senate Finance Committee Ranking Member Ron Wyden, D-Ore., sent a letter to IRS Commissioner John Koskinen requesting the agency issue guidance to make clear that electrical vehicle (EV) charging provided by employers is a de minimis fringe benefit, meaning it should not be included as an employee’s income because it is so small as […]