Wyden Hails Start of Cost Containment Measures for Prescription Drugs Covered by Medicare
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today hailed the start of several of the Inflation Reduction Act’s prescription drug provisions, in particular the policy that will force drug companies to pay a rebate back to Medicare if the price of a product rises faster than the rate of inflation. “Starting this […]
Wyden Outlines IRS Funding Priorities
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today outlined his priorities for IRS funding in the Inflation Reduction Act to Treasury Secretary Janet Yellen and IRS Commissioner Charles Rettig. For example, Wyden highlighted the need to crackdown on offshore tax evasion, as highlighted by the committee’s recent report: The Shell Bank Loophole. […]
Wyden Cheers Lower Medicare Premiums for Seniors
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today issued a statement after President Joe Biden announced that Medicare Part B premiums would go down next year. “I am very pleased that older Americans will see lower health care costs next year,” Wyden said. “Medicare Part B, which primarily pays for visits to the doctor […]
Wyden, Brown to Speak on Social Security in the Face of Republican Attacks, Attempts to End the Program
WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Social Security, Pensions, and Family Policy Subcommittee Chair Sherrod Brown, D-Ohio, will hold a colloquy on Social Security on Tuesday, September 27, 2022. This comes after several Republican members in the House and Senate have made proposals to undermine the retirement security Americans have […]
Democratic Leaders File Amicus Brief in Case that Could Curtail the Ability of Individuals to Enforce Their Rights to Federal Programs in Court
Washington, D.C. – House and Senate leaders submitted an amicus brief to the U.S. Supreme Court in the case of Health and Hospital Corp. of Marion County v. Talevski. The Democrats wrote in support of the ability of individuals to use federal courts to enforce the requirements of certain federal programs, including Medicaid, the Supplemental Nutrition Assistance […]
Wyden Thanks Staff for their Hard Work to Pass the Inflation Reduction Act
We are now several weeks on from the passage of the Inflation Reduction Act. The IRA is transformational legislation that will improve the lives of millions and millions of Americans. More affordable prescription drugs. Cheaper energy bills. The largest investment in the climate in history. A serious commitment to cracking down on tax cheats who […]
Wyden, Crapo, Stabenow, Daines Unveil Mental Health Workforce Enhancement Discussion Draft
Washington, D.C. – Senate Finance Committee Chair Ron Wyden (D-Ore.), Ranking Member Mike Crapo (R-Idaho), Senator Debbie Stabenow (D-Mich.) and Senator Steve Daines (R-Mont.) today released a discussion draft of legislation aimed at expanding the mental health workforce to make it easier for Americans to get mental health care when they need it. The Senators […]
Wyden Praises Passage of Pro-Climate Kigali Treaty Amendment
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today applauded the Senate’s move to limit emissions of HFCs, a group of highly polluting greenhouse gasses, by ratifying the Kigali Amendment to the Montreal Protocol. Now that it has been ratified, the Kigali Amendment can be enforced through the U.S.-Mexico-Canada Agreement (USMCA), thanks to […]
Wyden Statement on New York Attorney General Trump Lawsuit
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today released the following statement in response to New York Attorney General Letitia James’ lawsuit against Donald Trump: “Attorney General James has provided significant evidence of violations of federal tax law. This alleged conduct could land the typical American in prison for years, and it’s […]
Wyden Continues Investigation Into Private Placement Life Insurance Schemes
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today continued his investigation into the growing use of private placement life insurance by the wealthiest Americans to avoid and evade taxes with letters to Prudential Financial, Zurich Insurance Group, and the American Council of Life Insurers (ACLI). Wyden began the investigation with a letter […]