Continuing the Conversation on Comprehensive Tax Reform
WASHINGTON – At over 70,000 pages in length, the U.S. tax laws are a labyrinth of red tape. The current tax system is anti-competitive, complicated, unfair, and is hurting economic growth. Since the code was last reformed nearly 30 years ago, members of Congress from both sides of the aisle have put forward innovative ideas […]
Wyden Announces 4th Renewal of Internet Tax Ban
Washington, D.C. – Senator Ron Wyden, D-Ore., praised the inclusion of a one-year extension of the Internet Tax Freedom Act he originally wrote in 1998 with Republican Congressman Chris Cox, in a bill to fund the federal government. The Internet Tax Freedom Act (ITFA) prohibits state and local government from levying discriminatory taxes on Internet taxes […]
Hatch: New Report Outlines Billions Wasted on Mismanaged Tax Credits
WASHINGTON – Today, Finance Committee Ranking Member Orrin Hatch (R-Utah) slammed the Internal Revenue Service (IRS) for wasting billions of taxpayer dollars on mismanaged tax credits after a new report from the Treasury Inspector General for Tax Administration (TIGTA) found that the refundable Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) were […]
Hatch Statement at Finance Hearing Examining Social Security’s Impact on Women
WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, today delivered the following opening statement at a hearing examining Social Security’s impact on women: Thank you, Chairman Wyden, for holding today’s hearing and thank you to our witnesses for joining us today. Much of the structure of the Social Security […]
Wyden Calls for Strengthened Social Security for Women
WASHINGTON –Senate Finance Committee Chairman Ron Wyden, D-Ore., at a hearing today said Social Security must do more to support women in retirement, whose savings often lag behind men’s due to lower average earnings and a greater likelihood to leave the workforce. “Instead of living the worry-free ideal of retirement, many women are struggling to […]
Wyden Statement on Strengthening Social Security for Women
I’d like to start today by congratulating my friend Orrin Hatch on his upcoming chairmanship of the Finance Committee. A few weeks from now, this room will look a little different, but it will remain the go-to place for developing policies that can improve people’s lives in Oregon and Utah and across the country. And […]
Wyden Remarks at U.S. International Trade Commission on Solar AD/CVD Investigation
Madam Chairman and Members of the Commission, thank you very much for this opportunity to testify today in support of the domestic crystalline silicon photovoltaic solar industry. I appreciate the time and attention the Commission has given to the issues before you today, which are so important to workers and families in my home state […]
Hatch Lauds Senate Passage of Bill to End Social Security Benefits for Nazis
Washington, DC – Today, Finance Committee Ranking Member Orrin Hatch (R-Utah) praised Senate passage of a bipartisan, bicameral bill to terminate Social Security benefits for Nazi persecutors. Hatch introduced the Senate version of the bill, the No Social Security for Nazis Act, in November. The legislation closes a loophole in the current law that allows […]
Hatch Honored with World Trade Award by National Foreign Trade Council
WASHINGTON – In a speech at an event with the National Foreign Trade Council tonight, Finance Committee Ranking Member Orrin Hatch (R-Utah) reiterated the need for Congress and the Administration to promote a robust trade agenda, including passage of job-creating Trade Promotion Authority (TPA). Hatch was honored with the 2014 World Trade Award, for lifetime […]
Hatch, Finance Republicans Press SSA Nominee on IG Investigation
WASHINGTON – Today, Finance Committee Ranking Member Orrin Hatch (R-Utah) penned a letter signed by all Senate Finance Committee Republicans to Acting Social Security Administrator Carolyn Colvin asking a series of questions regarding an Inspector General (IG) investigation into the potential mismanagement of a nearly $300 million dollar project and a possible cover up by […]