Hatch Statement on CBO Part D Report
WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, issued the following statement on CBO’s Part D Report entitled, Competition and the Cost of Medicare’s Prescription Drug Program, which outlines the reasons why the program has cost less than expected: “This report shows why a Medicare prescription drug program that […]
Wyden Hearing Statement on the African Growth and Opportunity Act
More than fourteen years ago, Congress passed the African Growth and Opportunity Act, known as AGOA. For the first time, the United States established a trade policy specific to sub-Saharan Africa. AGOA was designed by a bipartisan group of lawmakers with the goal of fostering opportunities for African entrepreneurship and strengthening its job-creating trade ties […]
Hatch Statement at Finance Hearing on the African Growth and Opportunity Act
WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, today issued the following statement regarding the Finance Committee hearing on the African Growth and Opportunity Act: Thank you, Mr. Chairman, for holding this hearing. And thank you Ambassador Froman, for agreeing to participate. Before addressing today’s topic, I want to […]
Timeline of IRS Communications with Congress
How many employees experienced a computer/data problem? June 13 – One employee. IRS sends Chairman Wyden and Ranking Member Hatch a letter which states that Lois Lerner’s computer crashed in mid-2011 and that emails and other information stored on the computer hard drive was lost and is not recoverable. The letter does not mention that […]
Wyden Statement on Senate Action to Secure the Highway Trust Fund
Senate Finance Committee Chairman Ron Wyden, D-Ore., today issued a statement following Senate passage of the bill to maintain the Highway Trust Fund: “We outlined a clear bipartisan path forward and tonight the Senate stood behind the merits of our amendment. As I have said before, we won’t let the clock run out on transportation funding,” […]
Bipartisan, Bicameral Effort Seeking Governors’ Insight on CHIP
WASHINGTON – A bipartisan group of House and Senate committee leaders are seeking insights on the Children’s Health Insurance Program (CHIP) from all 50 governors. Senate Finance Committee Chairman Ron Wyden, D-Ore., and Ranking Member Orrin Hatch, R-Utah, and House Energy and Commerce Chairman Fred Upton, R-Mich., and Ranking Member Henry A. Waxman, D-Calif., joined […]
Hatch Floor Speech on Highway Trust Fund
WASHINGTON – In a speech on the Senate floor today, Finance Committee Ranking Member Orrin Hatch (R-Utah) outlined the similarities between the House-passed highway bill and the Senate Finance Committee proposal while reaffirming his commitment to securing a long-term solution for funding the Highway Trust Fund. “Once the Highway Trust Fund has been funded by […]
Wyden Calls for Action to Close Tobacco Tax Loophole
WASHINGTON –Senate Finance Committee Chairman Ron Wyden, D-Ore., at a hearing today called to end a loophole in the labeling of tobacco products that has cost American taxpayers more than $2 billion and hurt efforts to keep tobacco out of the hands of children. “My bottom line is that this loophole hurts taxpayers and kids, […]
Hatch Statement at Finance Committee Hearing on Tobacco Taxation
WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, today delivered the following opening statement at a committee hearing on tobacco taxation: Thank you, Mr. Chairman, for holding today’s hearing. According to written testimony we received today, the Alcohol and Tobacco Tax and Trade Bureau collected approximately […]
Wyden Statement on Tobacco Tax Avoidance and Evasion
Today the Finance Committee will examine a classic case of tax evasion: How dozens of companies making tobacco products dodge taxes owed under current law by changing only a few words on packaging labels. This evasion fleeces taxpayers out of billions of dollars, and it means children and teens are more easily hooked on tobacco. […]