Wyden Statement at Finance Committee Hearing on President Biden’s Health Care Agenda
Today, the Finance Committee meets to discuss the year ahead for health care in our country. Thank you, Secretary Becerra, for joining us. I’m going to start us off today with a little history lesson. Topic one: drug prices. In July of 2020 Donald Trump said, and I quote: “Since the day I took office, […]
Wyden Hearing Statement on the American Manufacturing Boom, the IRA and CHIPS and Science Act
There’s a lot for the Finance Committee to discuss on the topic of manufacturing this morning. I want to start off with a bit of recent history on key manufacturing priorities. On infrastructure, it became a running joke during the Trump administration that every week was infrastructure week. The big infrastructure bill was always a […]
NEWS: Wyden, Sanders Press Federal Agencies to Protect Americans Against Surprise Medical Bills
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Senate Health, Employment, Labor and Pension (HELP) Committee Chair Bernard Sanders, I-Vt., this week sent a letter to federal agencies requesting they issue guidance to insurers to crack down on cost-sharing practices that land patients with surprise medical bills after receiving preventative services. “Health […]
Wyden Statement on the State of the Union Address
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., released the following statement today in reaction to President Biden’s State of the Union address: “Tonight the president once again made a strong argument for why the Congress ought to pass my Billionaires’ Income Tax as the centerpiece of an effort to ensure that the […]
Wyden Statement on Treasury Department’s Finalized Direct Pay Rules for IRA Clean Energy and Chips Tax Credits
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., released the following statement today on the Treasury Department’s finalized regulations regarding “direct pay” eligibility for tax credits for IRA clean energy projects and CHIPS Act semiconductor manufacturing: “When Congress passed the Inflation Reduction Act and the CHIPS Act, our goal was to unleash the […]
Wyden and Pallone Urge CMS to Ensure All States Come into Full Compliance with Medicaid and CHIP Eligibility Requirements
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden (D-OR) and House Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) wrote to Centers for Medicare & Medicaid Services (CMS) Administrator Chiquita Brooks-LaSure today to urge the agency to require states to commit to a concrete plan for coming into full compliance with Medicaid […]
Wyden Exposes Private Placement Life Insurance as a Tax Shelter for the Ultra-Wealthy Holding at Least $40 Billion
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., today released the results of an 18-month investigation into the use of private placement life insurance (PPLI) as a “buy, borrow, die” tax shelter for the ultra-wealthy. The investigation, the first of its kind into PPLI, found that the domestic PPLI industry is now a […]
Wyden Statement on Social Security Proposed Rule to Reduce Overpayments
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., released the following statement today after the Social Security Administration (SSA) released a proposed rule to implement electronic wage reporting to help the agency improve the accuracy of payments and reduce reporting requirements for disability beneficiaries: “If you’re an American living on a fixed income, struggling to balance the […]
Wyden Welcomes First Step in Implementation of Organ Transplant Law
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today applauded the Health Resources and Services Administration (HRSA) for issuing new requests for proposals this week aimed at reforming the organ transplant system. The requests for proposals are a first step of the implementation of Wyden’s Securing the U.S. Organ Procurement and Transplantation Network […]
Wyden Urges President Biden to Remove Social Security Watchdog
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., this week urged President Biden to remove Gail Ennis as Inspector General of the Social Security Administration (OIG). Wyden’s call for Ennis’ removal follows a multi-year investigation into allegations of a hostile work environment for whistleblowers, abysmal staff morale, and Ennis’ failure to take full […]