Wyden Statement on the Social Security and Medicare Trust Funds Report

Washington, D.C. — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement after the trustees of the Social Security and Medicare trust funds issued their annual report about the fiscal health of the trust funds. The report finds that the Social Security Old-Age and Survivors Insurance (OASI) Trust Fund will be […]

Wyden Statement on Republican Reconciliation Bill Text

Washington, D.C. — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement on the Republican reconciliation bill:  “The House Republican version of this bill was already a class war, but Senate Republicans decided to inflict even more devastation on the lives of working Americans to give even larger handouts to the […]

Wyden Unveils Bills Closing Loopholes Allowing Wealthy Investors and Mega-Corporations to Abuse Partnerships to Dodge Taxes

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today introduced a pair of proposals, the Preventing Abusive Routine Tax Nonsense Enabled by Rip-offs, Shelters, and Havens and Instead Promoting Simplicity Act (PARTNERSHIPS Act) and the Basis Shifting is a Rip-off Act, to close loopholes that allow wealthy investors and mega-corporations to abuse […]

Wyden, Ocasio-Cortez Demand Answers from Palantir About Plans to Build IRS “Mega-Database” of American Citizens

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Representative Alexandria Ocasio-Cortez, D-N.Y., and eight other Members of Congress today questioned Palantir about reports that Palantir is helping the IRS to build a government-wide, searchable, “mega-database,” connecting sensitive tax and other data the government holds about American citizens. Building such a database […]

Wyden, Senate Democrats Announce Legislation to Improve Medicaid for Kids, Seniors, and Families While Cracking Down on Fraud

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today led a dozen Senate Democrats as they released legislative proposals to strengthen and invest in the Medicaid program for children, seniors, Americans with disabilities and working families, as well as draft legislation to boost federal anti-fraud initiatives. “The Republican bill is rotten to […]

Wyden, Warner, Warnock, Welch Introduce Crackdown on “Round-Tripping” International Tax Loophole

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) and committee members Mark Warner (D-Va.), Reverend Raphael Warnock (D-Ga.), and Peter Welch (D-Vt.) today introduced the Close the Round-Tripping Loophole Act to close an egregious international corporate tax loophole known as “round-tripping” that Republicans and the Trump administration blessed in their 2017 tax […]