Ron Wyden: “President Biden is absolutely right when he says that the tax system in America is deeply unfair.”

These unsung heroes deserve recognition for their tireless efforts to keep our communities safe and healthy, and I’m honored to be leading this effort in Congress.

This interpretation is wildly inconsistent with the longstanding treatment of other provisions that use identical or near-identical language.

This is another desperate attempt by a failed president to escape Americans’ revulsion with his failed agenda, amounting to one tank of Trump-inflated gas.

This throws doubt upon Treasury’s interpretation of many provisions of the Code, creates a great deal of uncertainty in the administration of our tax laws, and could balloon the deficit.