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 […]
Wyden Statement on Low-Income Communities Bonus Credit Program Applications
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement after the U.S. Department of the Treasury, U.S. Department of Energy, and Internal Revenue Service announced that applications for the Low-Income Communities Bonus Credit program under Section 48(e) of the Internal Revenue Code will open at 9 a.m. ET on […]
Wyden, Grassley, Cardin, Young, Cassidy Cheer Organ Transplant Legislation Becoming Law
Washington, D.C. – U.S. Senators Ron Wyden, D-Ore., Chuck Grassley, R- Iowa, Ben Cardin, D-Md., Todd Young, R-Ind., Bill Cassidy M.D., R-La., today celebrated the signing into law of H.R. 2544, the Securing the U.S. Organ Procurement and Transplantation Network Act. The legislation passed Congress unanimously at the end of July. “This is a banner […]
Wyden Announces Finance Committee Hearing to Consider Nominations for Internal Revenue Service Chief Counsel, Public Trustees of the Social Security and Medicare Trust Funds
WASHINGTON, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., will convene a committee hearing on Thursday, September 28, 2023 to consider Internal Revenue Service and public trustee nominations. The hearing will take place at 10:00 a.m. in Room 215 of the Dirksen Senate Office Building. The following nominees are scheduled to testify: Marjorie Rollinson […]
Wyden and Pallone Issue Statement on CMS Action to Prevent and Fix Incorrect Medicaid Terminations
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and House Energy and Commerce Ranking Member Frank Pallone, Jr., D-N.J., today issued a statement after CMS announced that 30 states are experiencing a systems issue that is leading to children and families being inappropriately disenrolled from Medicaid during the Medicaid unwinding process: “Today’s announcement […]
Wyden Commends IRS for Plans to Increase Focus on High Income Tax Cheats and Increase Equity in Audit Selection
Washington, D.C. — Senate Finance Committee Chairman Ron Wyden, D-Ore., issued the following statement on IRS Commissioner Werfel’s letter regarding the ongoing efforts of the IRS to rebalance its enforcement activities: “I’m pleased to see the IRS using the enforcement funding from the Inflation Reduction Act to help lower-income taxpayers catch mistakes from the start […]
Wyden Statement at Finance Committee Markup of U.S.-Taiwan Tax Bill
The Finance Committee has convened today to vote on bipartisan tax legislation, the U.S.-Taiwan Expedited Double Tax Relief Act. This legislation relieves double taxation on investment between the United States and Taiwan, strengthening our nations’ partnership. Today’s legislation has been developed jointly by myself and Ranking Member Crapo, along with Ways and Means Chairman Smith […]