Hatch, Alexander Highlight GAO Report Confirming Need for Additional Oversight of Department of Labor Grants

WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, and Lamar Alexander (R-Tenn.), Ranking Member of the Senate Health, Education, Labor and Pensions (HELP) Committee, today highlighted a new Government Accountability Office (GAO) report entitled, “DOL’s Use of Financial and Performance Monitoring Tools Needs to Be Strengthened,” that found the […]

Wyden, Hatch Comments on Corporate Tax Inversions

WASHINGTON –Senate Finance Committee Chairman Ron Wyden, D-Ore., and Ranking Member Orrin Hatch, R-Utah, today issued the below statements after the U.S. Treasury Department announced new guidance on corporate tax inversions.   The Senate Finance Committee has been actively examining a variety of ways to address the recent uptick in corporate inversions. Chairman Wyden and […]

Wyden, Hatch Comments on Corporate Tax Inversions

WASHINGTON –Senate Finance Committee Chairman Ron Wyden, D-Ore., and Ranking Member Orrin Hatch, R-Utah, today issued the below statements after the U.S. Treasury Department announced new guidance on corporate tax inversions.  The Senate Finance Committee has been actively examining a variety of ways to address the recent uptick in corporate inversions. Chairman Wyden and Ranking […]

GAO: Action Needed to Combat $5 Billion Tax Refund Fraud

WASHINGTON – The Internal Revenue Service (IRS) must take bold and innovative action to combat more than $5 billion in fraudulent identity theft tax refunds, according to a new report by the Government Accountability Office (GAO). The report, requested by leaders on the Senate Finance and Aging Committees as well as the House Ways and […]

Senate Approves Bipartisan, Bicameral Legislation to Improve Post-Acute Care for Medicare Beneficiaries

Washington, D.C. – The U.S. Senate on Thursday passed the “Improving Medicare Post-Acute Care Transformation Act of 2014 (IMPACT Act),” bipartisan legislation that will strengthen and improve post-acute care for Medicare beneficiaries while bringing about more accountable, quality-driven benefits to patients. The House passed the bill on Tuesday.  The IMPACT Act of 2014 also strengthens Medicare’s […]

Finance Senators Commit to Path Forward on Able Act

WASHINGTON –Members of the United States Senate Committee on Finance today outlined a path forward on the Achieving a Better Life Experience (ABLE) Act. Senate Finance Committee Chairman Ron Wyden, D-Ore., Ranking Member Orrin Hatch, R-Utah, Senator Bob Casey, D-Penn., and Senator Richard Burr, R-N.C., issued the following joint statement:  “Under the leadership of Senators […]

Congress Enacts Legislation to Fight Child Trafficking, Strengthen Child Welfare Protections

Washington, DC – Last night, the U.S. Senate approved bipartisan child welfare legislation aimed at reducing child sex trafficking, increasing adoptions and improving child support collections.  The legislation was approved by the House on July 23, 2014. Specifically, the Preventing Sex Trafficking and Strengthening Families Act (H.R. 4980) would encourage states to combat sex trafficking […]

Wyden Applauds Senate Confirmation of Treasury, USTR Nominees

WASHINGTON –Senate Finance Committee Chairman Ron Wyden, D-Ore., today applauded the Senate’s confirmation of Dr. Nathan Sheets to be undersecretary of Treasury for international finance and Robert Holleyman to be deputy United States Trade Representative. Both nominees were passed by voice vote. “Dr. Sheet’s economic policy expertise and high-level experience in government and the private […]