Wyden Calls on Republicans to Support Tax Cuts for Families and Children, Affordable Housing, Small Businesses
If I started the work day with the opportunity to help 16 million kids from low-income families … make us more competitive with China … build affordable housing for hundreds of thousands of Americans … and pay for it all by cracking down on fraud … I’d consider that a good day at the office. […]
Fact Sheet on the Wyden-Smith Tax Relief for American Workers and Families Act
The Tax Relief for American Workers and Families Act was introduced by Chairman Wyden and Chairman Smith of the House Ways and Means Committee in January. The House passed the bill on January 31st with 357 votes in favor, including 188 Democrats. The first procedural vote on the bill will occur on Thursday, August 1st. […]
Wyden Hearing Statement on Local Economic Development Tools
The Finance Committee meets this morning to discuss smart tax policies aimed at building up local economies. Right now, the U.S. economy is red hot. Inflation is down, wages are up, and the country is in a record streak of low unemployment. Manufacturing is booming. Factories are under construction all over the place. Even in […]
Wyden Continues Swiss Bank Investigation Following Indictment of American Credit Suisse Client on Tax Evasion Charges
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., continued his investigation of swiss banks abetting tax evasion by U.S. citizens today with a letter to the CEO of UBS Group AG seeking records and information on accounts belonging to a U.S. citizen named Douglas Edelman, who was recently indicted for tax evasion on […]
Wyden Urges Committee Approval of U.S. Tax Court Nominees
The Finance Committee meets this morning to vote on three nominations. Jeffrey Arbeit, Cathy Fung, and Benjamin Guider are all nominated to serve as judges of the United States Tax Court. I’ll have brief remarks on each nominee before I turn it over to Senator Crapo. The tax court is an essential feature of our […]
Wyden Urges Senate Support for Tax Court Nominees
I come to the floor today to once again voice my strong support for the nominations of Adam Landy and Kashi Way to serve as judges of the United States Tax Court. The Senate will be voting on their nominations soon. Mr. Way’s in just a few minutes, and Mr. Landy’s later this afternoon. The […]
Wyden, Senators Propose Criminal Penalties, Consumer Protections to Stop Rogue Health Insurance Brokers
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and five senators today introduced a bill to apply criminal penalties to rogue insurance brokers who are changing Americans’ Affordable Care Act (ACA) marketplace plans without their knowledge or consent, and take other steps to strengthen consumer health insurance protections. “Predatory health insurance brokers are […]
Wyden Statement on New Biden-Harris Administration Affordable Housing Initiative
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement on President Biden’s announcement of new actions to lower housing costs in America: “The Biden-Harris administration is absolutely right that the key to solving our affordable housing crisis in America is to build, build, build. Donald Trump had four years […]
Wyden Hearing Statement on Tax Court Nominations
The Finance Committee meets this morning to discuss three nominations to the U.S. Tax Court. I’ll begin with Jeffrey Arbeit, who has served for nearly a decade as a legislation counsel with the staff of the Joint Committee on Taxation. His work there focuses on some of the most complicated areas of tax law, including […]
Wyden, Crapo Lead Introduction of Bipartisan Bill to Improve Unemployment Insurance
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., Ranking Member Mike Crapo, R-Idaho, and 10 Senate cosponsors introduced bipartisan legislation today that would make key improvements to the nation’s unemployment insurance system. The legislation, titled the Unemployment Insurance Integrity and Accessibility Act, would focus on program administration and integrity to combat fraud and […]