Mike Crapo

Today we welcome four nominees for positions at the Department of Treasury. Congratulations to each of you on your nomination.

I encourage you, if you are confirmed, to use your voice at Treasury to advocate that the United States not enter into an agreement.

With increased responsibility comes the need for transparency and accountability.

Nobody making under $400,000 a year will have their taxes increased.

I am very concerned that, from what I understand, the administration's proposal is to proceed with doubling our GILTI tax rate.

I expect to learn even more from what need to be robust, complete, and detailed responses to questions for the record that members will ask after today's hearing.

Reversing those gains with job-killing taxes is not the way to go.

This is particularly important, as I do not support many of the tax and financial policies put forward by the administration and some of the nominees here today.

Making permanent changes based on lessons learned is a top priority.

Telehealth has been a lifeline for patients and providers, especially in the early months of the pandemic.

Republicans and Democrats often disagree on the best way to achieve shared health-care goals.

Addressing Medicare solvency should be a bipartisan issue, with time best spent determining how to shore up the current system instead of expanding it to a broader population.

Making permanent changes based on these lessons learned is a top priority.

I think we have had a very strong support for a number of the provisions that you and I, Mr. Chairman, think we need to address on a permanent basis, particularly telehealth.

We applaud the leadership of Chairman Wyden and Ranking Member Crapo and members of the Committee for holding this hearing.

The waivers have clearly been successful in increasing patient access.

Identifying smart reforms that make Medicare more efficient will be better for patients and better for taxpayers.

Senator Wyden and I asked the majority and minority staff to jointly plan this hearing, demonstrating strong bipartisanship.

Yes, we do. In fact, more Americans are out of work at the moment than during the worst point of the Great Recession.

Make no mistake, there is a great deal to enforce.

What we need to do, right now, is to speed up the journey for everyone by fully reopening the economy, and executing an ambitious and sound trade policy.

If the United States is to pursue a worker-centered trade policy, we need to be mindful that American workers lose when China writes the rules.

If the Biden administration wants a worker-centered trade policy, then the logical--and only sensible course--is to adopt a trade policy that creates as many high-paying jobs as possible.

You may, of course, have your own good reasons, but to date you have not offered an adequate explanation.

What we need to do right now is to speed up the journey for everyone by fully reopening our economy and executing an ambitious and sound trade policy.