Wyden Calls for Action to Address “Mega IRAs”
WASHINGTON –Senate Finance Committee Chairman Ron Wyden, D-Ore., today issued a statement following the release of a GAO report on IRAs with very large account balances, also known as “mega IRAs.” GAO found that for tax year 2011, roughly 600,000 taxpayers had IRA accounts worth more than $1 million – and about 9,000 taxpayers had […]
Senate and House Leaders Introduce Bill to End Social Security Benefits for Nazis, S. 2944
Washington, DC – Today, a bipartisan and bicameral group of lawmakers introduced legislation to terminate Social Security benefits for Nazi persecutors who receive them because of a loophole in current law. In the Senate, Finance Committee Ranking Member Orrin Hatch (R-UT) introduced the No Social Security for Nazis Act with Finance Committee Chairman Ron Wyden […]
GOP Senators Press Burwell on Recouping Taxpayer Dollars Spent on Failed State Exchanges
WASHINGTON – In a letter today, U.S. Senators Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, Chuck Grassley (R-Iowa), Ranking Member of the Senate Judiciary Committee, and John Barrasso, M.D., (R-Wyoming) asked Dept. of Health and Human Services (HHS) Secretary Silvia Mathews Burwell to clarify the Department’s position on recovering taxpayer dollars used […]
Wyden and Hatch Statement on PBGC FY2014 Annual Report
MEMORANDUM To: Reporters and Editors From: Lindsey Held, Office of Senate Finance Committee Chairman Ron Wyden, D-Ore. Julia Lawless, Office of Senate Finance Committee Ranking Member Orrin Hatch, R-Utah Date: November 17, 2014 Re: Wyden and Hatch Statement on PBGC FY2014 Annual Report Senate Finance Committee Chairman Ron Wyden, D-Ore., and Ranking Member Orrin Hatch, […]
Wyden and Hatch Statement on PBGC FY2014 Annual Report
WASHINGTON – Senate Finance Committee Chairman Ron Wyden, D-Ore., and Ranking Member Orrin Hatch, R-Utah, today issued the following statement on the Pension Benefit Guaranty Corporation’s FY2014 Annual Report: “We continue to be very concerned with the further deterioration of the multiemployer pension program as conveyed in the PBGC’s FY2014 Annual Report that was issued today. […]
Hatch Outlines Importance of Dynamic Scoring for Major Policy Reforms in Speech at American Action Forum
In Speech at the American Action Forum, Utah Senator Says, “Dynamic analysis of major spending, tax, regulatory, and other proposals should be valued. It is intellectually dishonest to praise and accept such analysis for spending or labor-market related proposals like immigration, while arguing against the use of that same type of analysis when it comes […]
Hatch OpEd in USA Today: We’re ready to repeal, replace
Voters last week flatly rejected the Obama administration’s policies and created a new opportunity to improve American health care by electing a Republican Congress that is firmly committed to repealing and replacing Obamacare. With a flawed website launch, failed state exchanges, burdensome mandates, mass cancellations of coverage and countless other broken promises paid for by […]
Wyden Statement on Information Technology Agreement with China
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., today issued the following statement after the Office of the U.S. Trade Representative announced it had found a path forward with China on the Information Technology Agreement (ITA), which eliminates tariffs on certain tech goods: “The original Information Technology Agreement helped grow companies big and […]
Hatch Welcomes U.S. Progress on International Technology Trade Pact
Utah Senator Says, “Given the recent progress achieved on international trade policy at APEC, it is imperative the President now work with Congress in a bipartisan way to help pass Trade Promotion Authority.” SALT LAKE CITY – U.S. Senator Orrin Hatch, Ranking Member of the Senate Finance Committee, today issued the following statement after the […]
Wyden, Hatch, Rockefeller, Thune: Trans-Pacific Partnership Must Protect Cross-Border Data Flows to Grow Digital Economy
WASHINGTON –To ensure the 21st-century digital economy is not stifled by harmful trade barriers, Senate Finance Committee Chairman Ron Wyden, D-Ore., and Ranking Member Orrin Hatch, R-Utah, with Sens. Jay Rockefeller, D-W.V., and John Thune, R-S.D., chairman and ranking member of the Senate Commerce Committee, called on U.S. trade negotiators to ensure cross-border data flows […]