Wyden Calls for Strengthened American Manufacturing through Updated Trade Policy
WASHINGTON – Senate Finance Committee Chairman Ron Wyden, D-Ore., at a hearing today said U.S. trade policy must be upgraded to support American manufacturing and make U.S. employers more competitive in the 21st century global economy. “A modern trade policy should dismantle trade barriers U.S. manufacturers face abroad and foster an environment in which businesses […]
Hatch Fires Back On Inversions Letter From Obama Administration
WASHINGTON – Today, Finance Committee Ranking Member Orrin Hatch (R-Utah) responded to Treasury Secretary Jack Lew in a letter on inversions and called on the Administration to embrace their own call for “economic patriotism” by supporting reforms to address our growing debt and entitlement crisis. “Ultimately, I share your desire for “a new sense of […]
Hatch Statement at Finance Hearing on the Role of Trade and Technology in 21st Century Manufacturing
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 role of trade and technology in 21st century manufacturing: Thank you, Mr. Chairman, for holding this hearing on the role of trade and technology in 21st century manufacturing. The […]
Wyden Statement on Strengthening American Manufacturing through Fresh Trade Policy
Americans – from the water cooler to professional societies – are often debating the future of American manufacturing. Academic journals are filled with articles where naysayers say that American manufacturers can’t compete with cheap labor in Asia, or that robots and computers do the jobs once held by middle class workers. This hearing will show […]
Hatch, Upton Highlight GAO Report on Medicaid Spending Variations Among States
WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, and Representative Fred Upton (R-Mich), Chairman of the House Energy and Commerce Committee, today highlighted a new GAO report entitled, “MEDICAID: Assessment of Variation among States in Per-Enrollee Spending,” which details variations in state Medicaid spending while examining the administrative and […]
Wyden Statement on Recent Corporate Inversions
WASHINGTON – Senate Finance Committee Chairman Ron Wyden, D-Ore., today issued the following statement regarding corporate inversions: “This inversion loophole must be plugged. As the speed of inversions increases, this will only fuel bipartisan urgency to stop companies from deserting the US. I’m talking with my colleagues and exploring options for addressing this in the […]
Hatch Statement at Finance Hearing on U.S. Tax Court and Deputy Trade Representative Nominations
WASHINGTON – Today, Finance Committee Ranking Member Orrin Hatch (R-Utah) released the following statement regarding the Senate Finance hearing on U.S. Tax Court and Deputy U.S. Trade Representative Nominations: Mr. Chairman, thank you for holding today’s hearing. I also want to thank our two nominees. I am pleased that we are considering the nominations of […]
Wyden Statement on the Nominations of Robert Holleyman and Cary Pugh
Today the Finance Committee will consider two nominees – Robert Holleyman, who is nominated to be Deputy United States Trade Representative at the Office of the U.S. Trade Representative; and Cary Pugh, nominated to be a judge for the U.S. Tax Court. First is Robert Holleyman. If confirmed as Deputy USTR, Mr. Holleyman will be […]
Wyden Calls for Permanent Ban on Discriminatory Internet Taxes
Senate Finance Committee Chairman Ron Wyden, D-Ore., congratulated the U.S. House on passing a permanent extension of the Internet Tax Freedom Act today, and pledged to defend the Internet against multiple and discriminatory taxes. The bipartisan Internet Tax Freedom Act (ITFA),which Wyden co-wrote in 1998 and extended three times, is currently scheduled to expire November […]
Hatch Statement on CBO’s Long Term Budget Outlook Report
WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, today issued the following statement on CBO’s new report entitled, “The 2014 Long-Term Budget Outlook,” which details how spending for Social Security and health care entitlements will cause deficits to rise over time. “Today’s CBO report is a stark reminder of […]