Wyden Statement on Launch of IRS Paperless Processing
Washington, D.C.—Senate Finance Committee Chairman Ron Wyden, D-Ore., today released the following statement on the IRS’s launch of paperless processing, a key step in IRS modernization that will make it easier for taxpayers to interact with the IRS, cut processing times and expedite refunds: “This is a huge step forward for the customer experience the […]
Wyden, Grassley, Cardin, Young, and Cassidy Cheer Senate Passage of Organ Donation Reform Bill
Washington, D.C. – Senators Ron Wyden (D-Ore.), Chuck Grassley (R-Iowa), Ben Cardin (D-Md.), Todd Young (R-Ind.), and Bill Cassidy (R-La.) today cheered congressional passage of H.R. 2544, the House companion to S. 1668, the Securing the U.S. Organ Procurement and Transplantation Network Act. The legislation will help break up the monopoly contract used to manage […]
Wyden Statement on GAO Report on the Lack of Audits of Large Partnerships
Washington, D.C.—Senate Finance Committee Chairman Ron Wyden, D-Ore., today released the following statement on a new Government Accountability Office report he requested into the growing prevalence of businesses structured as large partnerships and the IRS’s struggle to ensure they pay the taxes they owe. The report, IRS Audit Processes Can Be Strengthened to Address a […]
Wyden, Crapo Announce Finance Committee Will Consider Taiwan Tax Legislation in September
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden (D-Ore.) and Ranking Member Mike Crapo (R-Idaho) today released the following statement announcing that the committee will meet in September to mark up tax legislation strengthening our economic relationship with Taiwan: “Shortly after Congress returns from the upcoming state work period, the Finance Committee will convene […]
Senate Finance Committee Leaders Praise Committee Passage of Legislation to Help Lower Prescription Drug Costs
Washington, D.C. – Senate Finance Committee Chair Ron Wyden (D-Oregon) and Ranking Member Mike Crapo (R-Idaho) today lauded committee passage of the Modernizing and Ensuring PBM Accountability Act (MEPA), which was reported out of committee 26-1. The legislation brings more transparency, accountability and competition to pharmacy benefit manager practices in the drug supply chain, helping […]
Wyden Appoints David Wilkinson to the Federal Commission on Social Impact Partnerships
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., today proudly announced his selection of David Wilkinson to serve as a member of the Federal Commission on Social Impact Partnerships. Wilkinson is Executive Director of The Tobin Center for Economic Policy at Yale. “David Wilkinson is a dedicated leader in evidence-based policy, innovative finance, […]
Wyden Statement on O’Malley Nomination to Lead Social Security
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today issued a statement after President Biden announced the nomination of Governor Martin O’Malley to be commissioner of the Social Security Administration. “Social Security needs a confirmed commissioner in order to ensure Americans are receiving the best service possible for their earned Social Security benefits,” Wyden […]
Wyden Statement at Finance Committee Markup of the Modernizing and Ensuring PBM Accountability Act
The Finance Committee has convened today to vote on a set of proposals that will modernize federal prescription drug programs and put a stop to practices by pharmacy benefit managers that are driving up drug costs for patients and taxpayers. Pharmacy benefit managers are the middlemen between your health insurance and drug makers that virtually […]
Wyden Introduces Bills Revoking PGA Tour’s Tax Exemption, Saudi Public Investment Fund’s Special Tax Break
Washington, D.C. – With the surprise merger between the PGA Tour and the Saudi Public Investment Fund (PIF) pending, Senate Finance Committee Chairman Ron Wyden (D-Ore.) today introduced legislation that would revoke the PGA Tour’s tax exemption and deem the PIF ineligible for a lucrative tax break that applies to sovereign wealth funds. “Most of […]
Wyden Requests Information from Lear Co. Regarding Reports of Amazon Deforestation and Potential Links to Forced Labor in Supply Chains
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., requested in a new letter that Lear Co., the nation’s largest car seat manufacturer, explain how it oversees leather supply chains in Brazil to prevent the illegal importation of goods made with forced labor or deforestation. Environmental groups and journalists have documented widespread forced labor […]