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 […]
Wyden Marks Beginning of Medicare Negotiation to Lower the Cost of Prescription Drugs
I come to the floor to mark a key milestone in the effort to lower the price of prescription drugs for American seniors and families. While most Americans were preparing for Labor Day weekend in late August, the Centers for Medicare and Medicaid Services announced the first ten prescription drugs covered by Medicare that will […]
Wyden Calls for Expansion of Child Tax Credit
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement after the U.S. Census Bureau released new data showing child poverty more than doubled after the expiration of the enhanced child tax credit: “Today’s devastating news shows in numbers what Democrats have said all along — the enhanced child tax […]
Wyden, Brown, Cassidy Announce First Bipartisan, Bicameral Bill in Decades to Update Supplemental Security Income Program
WASHINGTON, D.C. – Today U.S. Senate Finance Committee Chairman Ron Wyden (D-OR) joined Senators Sherrod Brown (D-OH) and Bill Cassidy (R-LA) to announce the first bipartisan, bicameral push in decades to reform the Supplemental Security Income (SSI) program, which has not been updated in nearly 40 years and currently punishes older and disabled Americans for saving […]
Finance Committee to Markup Bipartisan Legislation Relieving Double-Taxation of Investments between the United States and Taiwan
WASHINGTON – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a business meeting on Thursday, September 14, to favorably report the U.S.-Taiwan Expedited Double Tax Relief Act. The meeting will take place at 10:00 a.m. in Room 215 of the Dirksen Senate Office Building. The legislation, sponsored by Wyden and Finance Committee Ranking Member […]
Wyden, Grassley, Cardin, Young Investigate Organ Donation System for Potential Self-Dealing and Financial Conflicts of Interest
Washington, D.C. – U.S. Senators Ron Wyden, D-Ore., Chuck Grassley, R- Iowa, Ben Cardin, D-Md, and Todd Young, R-Ind., are continuing their years-long push for accountability in the U.S. organ procurement and transplant system. New letters led this week by the senators mark a powerful push to crack down on serious potential financial conflicts of interest […]
Wyden Hails Action to Crack Down on Wealthy Tax Cheats
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement after the Internal Revenue Service (IRS) released new information about its tax enforcement efforts: “Today’s announcement from the IRS makes clear that wealthy tax cheats are no longer allowed to play by a different set of rules than everyday Americans,” […]
Wyden Cheers Beginning of Medicare Drug Price Negotiation
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today issued a statement after the Biden administration announced the ten prescription drugs covered by Medicare that will go through the negotiation process. “Today marks the beginning of a new era for seniors and families that have been breaking the bank for far too long […]
Wyden Statement on HHS Recommendation to Classify Cannabis as Schedule III Controlled Substance
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden (D-Ore.) issued the following statement after reports that the U.S. Department of Health and Human Services (HHS) formally recommended that the U.S. Drug Enforcement Agency (DEA) move marijuana from Schedule I to Schedule III under the Controlled Substances Act: “Ultimately, I believe that cannabis should be […]
Wyden, Brown, Casey Urge Social Security to Improve and Simplify the SSI Application Process
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Finance Committee members Senators Sherrod Brown, D-Ohio, and Bob Casey, D-Pa., today urged the Social Security Administration (SSA) to simplify the Supplemental Security Income (SSI) application and to provide the application online. “SSI claimants face significant administrative barriers to accessing this critical lifeline. In […]