Wyden Statement on Policy Changes to Open Relations with Cuba
WASHINGTON – Senate Finance Committee Chairman Ron Wyden, D-Ore., issued the following statement today, praising President Obama’s announcement of new steps to open up relations with the Cuban people: “I applaud the President for today’s announcement and for taking these historic steps to normalize relations with Cuba. I have long believed that trade and engagement […]
Wyden Lauds Solar Manufacturing Decision By Commerce Department
WASHINGTON –In a victory for strong enforcement of trade rules, in a ruling today the Commerce Department sided with Hillsboro-based SolarWorld in its fight against unfair trade. The Commerce Department ruled that Chinese and Taiwanese producers used illegal foreign government subsidies and dumped below-cost solar panels and modules on the U.S. market. Senate Finance Committee Chairman […]
Wyden Floor Statement on Tax Extenders Vote
With this stop-and-go tax extender bill, Congress is turning in its tax homework eleven months late and expecting to earn full credit. This package of incentives – which applies only to 2014 – will last two more weeks before families and businesses will be thrown back into the dark about what taxes they owe. This […]
Hatch Outlines Seven Principles for Comprehensive Tax Reform
WASHINGTON – In a speech on the Senate floor today, Finance Committee Ranking Member Orrin Hatch (R-Utah) outlined seven principles needed to guide comprehensive tax reform forward, saying such reform should embrace economic growth, fairness, simplicity, permanence, competitiveness, promoting savings and investments, and revenue neutrality. “In the coming weeks and months, I plan to reveal […]
Hatch Welcomes New Members to the Senate Finance Committee
WASHINGTON – Finance Committee Ranking Member Orrin Hatch (R-Utah) today welcomed Senators Dan Coats (R-IN), Dean Heller (R-NV) and Tim Scott (R-SC) to serve on the Senate Finance Committee in the 114th Congress. “The Finance Committee has long been at the center of every major economic debate. Whether it’s providing responsible tax relief to American […]
Hatch Outlines Priorities for Pension Reform and Retirement Savings in Speech at Financial Services Roundtable
WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, today delivered the following remarks on pension reform and retirement savings at the Financial Services Roundtable: I want to thank the Financial Services Roundtable for holding this important conference on retirement security and savings policy and for having me here today. […]
Hatch Statement on the Out-of-Cycle Review of India
Utah Senator Says, “The Obama Administration’s lack of concrete action against India’s blatant disregard for the protection of U.S. intellectual property rights continues to disappoint.” WASHINGTON – Today, the Obama Administration announced the close of the Office of U.S. Trade Representative’s 2014 Out-of-Cycle Review (OCR) which evaluated India’s policies on Intellectual Property Rights (IPR). Finance […]
GAO Report: Disability Programs Susceptible to Physician-Assisted Fraud
WASHINGTON – Today, Senate Finance Committee Ranking Member Orrin Hatch (R-Utah) and House Ways and Means Subcommittee on Social Security Chairman Sam Johnson (R-Texas) highlighted a new Government Accountability Office (GAO) report detailing how the Social Security Administration’s (SSA) $200 billion disability benefits programs are at risk for physician-assisted fraud. The GAO found that SSA’s […]
Hatch Opposes Moving SSA Commissioner Nomination Forward
WASHINGTON – In a speech on the Senate floor today, Finance Committee Ranking Member Orrin Hatch (R-Utah) voiced his opposition to moving the Administration’s nominee to head the Social Security Administration (SSA), Carolyn Colvin, forward. “In recent weeks, a number of disturbing facts have come to light about Ms. Colvin and her tenure as the […]
Wyden Criticizes House Proposal On Multiemployer Pensions
WASHINGTON –Sen. Ron Wyden, D-Ore., issued the following statement today regarding legislation negotiated in the House affecting multiemployer pensions. The legislation will be part of the omnibus spending bill Congress is considering this week. — “We’ve seen this movie before and it never ends well – a last-minute scheme worked out largely in private to […]