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The Latest Breaking News from Ron Wyden

Indiana GOP senator carves out dealmaking niche on taxes

WASHINGTON — Sen. Todd Young has a pitch to clear a path forward on tax legislation after a partisan standoff last year gave way to a monthslong chill. He’d pair a more generous research and development benefit for businesses with affordable housing measures to aid low-income families.

Tribune News Service

Indiana GOP senator carves out dealmaking niche on taxes - Roll Call

Sen. Todd Young has a pitch to clear a path forward on tax legislation after a partisan standoff last year gave way to a monthslong chill.

Roll Call

Credit Suisse helped rich dodge taxes

"Republican budget cuts have decimated the IRS's ability to root out this kind of offshore tax evasion scheme"

Salon

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Senators Ask DEA To Stop Buying Its Way Around Civil Liberties

Plus: Senate Republicans spar over TikTok and free speech, Americans can't agree on how to cut spending, and more...

Reason

Dems call out McCarthy's budget "scam"

GOP wants to "make it harder" to feed the poor but make it easier for rich to "cheat on their taxes," senator says

Salon

US says China can spy with TikTok. It spies on world with Google

Lawmakers’ push to ban app comes as they mull extending powers that force tech firms to enable mass snooping for the US.

Al Jazeera

White House’s EV tax credit implementation in the spotlight

WASHINGTON — Lawmakers on both sides of the aisle are scrutinizing how the Biden administration handles new incentives for buying electric vehicles with the first formal guidance on which cars qualify for subsidies expected this week.

Tribune News Service

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White House's EV tax credit implementation in the spotlight - Roll Call

Lawmakers on both sides of the aisle are scrutinizing how the Biden administration handles new incentives for buying electric vehicles.

Roll Call

Report: 119K people hurt by riot-control weapons since 2015

More than 119,000 people have been injured by tear gas and other chemical irritants around the world since 2015 and some 2,000 suffered injuries from “less lethal” impact projectiles

The Independent UK

Debt limit breach would be ‘devastating’ for banks, Yellen says at hearing

WASHINGTON — Treasury Secretary Janet L. Yellen told senators on Thursday that the banking system remains sound in the aftermath of Silicon Valley Bank's collapse. But she warned that failure to raise the debt limit in time would be devastating for banks after the turmoil.

Tribune News Service

Yellen: Debt limit breach would be 'devastating' for banks - Roll Call

Treasury Secretary Janet L. Yellen told senators on Thursday that the banking system remains sound despite Silicon Valley Bank's collapse.

Roll Call

Former Sen. Breaux leads new push against Biden tax plan - Roll Call

A group that was set up to fight a prior Biden administration-backed tax increase on wealth transfers is launching a new campaign.

Roll Call

IRS nominee Daniel Werfel confirmed by Senate vote

The U.S. Senate has confirmed Daniel Werfel to serve as commissioner of the Internal Revenue Service by a vote of 54-to-42

The Independent UK

These rural schools face a financial 'cliff.' Will partisan bickering cut off a lifeline?

WASHINGTON — Anmarie Swanstrom had driven four hours along twisting mountain roads, through the fire-scarred Shasta-Trinity National Forest, to Sacramento to catch a red-eye flight.

Los Angeles Times

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Tribune News Service

Supreme Court to hear arguments on social media immunity laws

WASHINGTON — The Supreme Court will hear oral arguments next week about social media giants Google and Twitter in a pair of cases that could determine whether the justices effectively rewrite one of the central laws underpinning the modern internet before Congress does.

Reason

Will Chief Justice Roberts Respond To Senator Wyden's Attack On Judge Kacsmaryk?

In March 2020, Senator Charles Schumer stood outside the Supreme Court and assailed the two newest members: "I want to tell you, Gorsuch. I want to tell you, Kavanaugh. You have released the whirlwind, and you will pay the price. You won't know what hit you if you go forward…

Roll Call

Supreme Court to hear arguments on social media immunity laws - Roll Call

The Supreme Court will hear oral arguments next week in a pair of cases related to one of the central laws underpinning the modern internet.

The Guardian - US

Fears of renewed FBI abuse of power after informant infiltrated BLM protests

‘Outraged’ senator Ron Wyden urges agency to explain tactics from 2020 protests reminiscent of rogue behaviour from decades past

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Tribune News Service

Biden mixes doable, aspirational health messages in speech

WASHINGTON — President Joe Biden reiterated a call to “finish the job” on insulin prices, address the mental health crisis and “end cancer as we know it” in his address to Congress on Tuesday — initiatives that could have bipartisan support from lawmakers.

Roll Call

Biden mixes doable, aspirational health messages in speech - Roll Call

President Joe Biden’s speech was heavy on health policy asks, but it’s unclear if razor-thin majorities will allow them to come to fruition.

Axios

The coming China-EV showdown in Congress

Congress is launching probes into the EV industry's reliance on China and the potential risks to national security and efforts to prevent forced labor abroad.

Tribune News Service

Drug company middlemen likely to be a focus in 118th Congress

WASHINGTON — Factions of the health care system and members of Congress are turning their fire on an oft-maligned part of the drug pricing system — the middlemen who negotiate discounts with drug companies on behalf of health plans.

Roll Call

Drug company middlemen likely to be a focus in 118th Congress - Roll Call

PBMs argue that the rebates they collect from drug companies in exchange for coverage by a health plan are used to lower premiums.

Tribune News Service

Manchin pushes stricter electric vehicle credit rules

Sen. Joe Manchin III and the auto industry are pushing for diverging interpretations of tax breaks in Democrats’ climate and health care budget package enacted last year that defray the cost of buying electric and hydrogen-powered vehicles.

Roll Call

Manchin pushes stricter electric vehicle credit rules - Roll Call

Sen. Joe Manchin III and the auto industry are pushing for diverging interpretations of tax breaks in Democrats’ 2022 climate package.

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