Wyden, Crapo, Smith and Neal Introduce Bipartisan, Bicameral Taiwan Tax Bill
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Ranking Member Mike Crapo, R-Idaho, with House Ways and Means Chairman Jason Smith, R-Mo., and Ranking Member Richard Neal, D-Mass., formally introduced legislation to relieve double-taxation of investments between the U.S. and Taiwan. “It’s a no-brainer for U.S. jobs and for America’s national security […]
Wyden Announces Finance Committee Hearing on the Need for Paid Leave to Better Support American Workers and Families
WASHINGTON, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., will convene a committee hearing on Wednesday, Oct. 25, 2023 titled “Exploring Paid Leave: Policy, Practice, and Impact on the Workforce.” The hearing will take place at 10:00 a.m. in Room 215 of the Dirksen Senate Office Building. The witnesses at Wednesday’s hearing will be: […]
Wyden Statement at Finance Committee Hearing on Protecting Seniors from Marketing Middlemen During Medicare Advantage Annual Enrollment
This morning the Finance Committee gathers to discuss an emerging trend in Medicare Advantage – marketing middlemen. There is a long history of rip off artists in the private sector trying to take advantage of seniors who depend on their flagship health program, Medicare. Since I served as the director of the Oregon Grey Panthers, something […]
Wyden Statement on IRS Direct Free File Pilot Announcement
Washington, D.C. – U.S. Senator Ron Wyden, D-Ore., today issued the following statement on the IRS announcement it will begin to offer free direct online tax filing in 13 states next year. “All Americans deserve a free and easy way to file their taxes directly online with the IRS and I’m glad to hear a […]
Wyden Announces Hearing on Medicare Advantage Marketing and Enrollment
WASHINGTON, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., will convene a committee hearing on Wednesday, October 18, 2023 to hear testimony on “Medicare Advantage Annual Enrollment: Cracking Down on Deceptive Practices and Improving Senior Experiences.” The hearing will take place at 10:00 a.m. in Room 216 of the Hart Senate Office Building. The […]
Bipartisan Finance Committee Leaders: USTR Must Tell Canada the U.S. Will Fight Discriminatory Digital Services Taxes on American Companies
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Ranking Member Sen. Mike Crapo, R-Idaho, called on U.S. Trade Representative Katherine Tai to make clear the United States will forcefully defend American employers against discriminatory taxes being proposed by Canada. Canada is moving forward with a 3 percent tax on large digital services […]
Wyden, Pallone Launch Investigation into Medicaid Managed Care Plan Prior Authorization Practices
Congressional Health Leaders Demand Answers to Determine if MCOs are Improperly Using Prior Authorization to Deny Care “MCOs should not be prioritizing corporate or shareholder profits ahead of the health and well-being of American families.” Washington, D.C. – Senate Finance Committee Chair Ron Wyden (D-OR) and House Energy and Commerce Committee Ranking Member Frank Pallone, Jr. […]
Wyden and Crapo Introduce Finance Committee PBM Bill
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Ranking Member Mike Crapo, R-Idaho, today introduced the Modernizing and Ensuring PBM Accountability (MEPA) Act, a bill to brings more transparency, accountability and competition to pharmacy benefit manager practices in the pharmaceutical supply chain. The legislative text reflects the Chairman’s Mark that was reported […]
Wyden Statement at Finance Committee Hearing to Consider IRS Chief Counsel, Social Security and Medicare Public Trustees
The Finance Committee meets this morning to discuss an important set of nominations that are instrumental to the federal government’s finances. First is the nomination of Marjorie Rollinson to be Chief Counsel at the IRS. The Chief Counsel’s office is responsible for ensuring the agency is implementing tax law by the books. It’s difficult to […]
Finance Chair Wyden Reveals Shocking New Data About Wealthy Individuals Who Have Failed to File Tax Returns; Nearly 1,000 millionaires Have Not Filed Returns and Owe Estimated $34 billion in Taxes; Few Wealthy Non-Filers Are Prosecuted
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., renewed his call for the Internal Revenue Service to step up enforcement against wealthy individuals who fail to file tax returns, following the release of new IRS data that shows brazen disregard for federal tax laws by hundreds of wealthy families. The IRS data also […]