Ron Wyden actually said...

the Tax Cuts and Jobs Act worsens the offshoring of investments by allowing deductions that zero out, or at most halve, the tax rate applied...

the tax bill gave a windfall to those tax dodgers by allowing deferred profits to be taxed at the bargain basement rate of either 8 or 15.5 ...

Americans Abroad were an unintended target of these new laws.

Senator Wyden objected, arguing that such authority was too broad.