going to a pure territorial system does not eliminate the use of game-playing and tax havens

Our tax code is deeply broken.

Thank you, Mr. Chairman.

I think this is a particularly important hearing, and I look forward to working with you and the working groups on this and the other topics in a bipartisan way.

A modern tax code should fight gamesmanship and bring down the corporate rate to make American businesses more competitive.

the broken U.S. tax code hurts America's competitiveness around the world, how that tax code is hindering the drive to create what I call red, white, and blue jobs that pay strong middle-class wages.

It's legislative malpractice to sit by and let this situation fester.

Our end goals are bipartisan: a tax code that supercharges American competitiveness in tough global markets.

there's a wave cresting--and this one's even bigger.

Let us, for purposes of discussion--Ms. Olson, is there anything Mr. Shay just said on that point that you would take exception with?

I ask unanimous consent to speak as in morning business for up to 15 minutes. The PRESIDING OFFICER. Without objection, it is so ordered. Wildfire Prevention

this morning, in the Energy and Natural Resources Committee, there was a very valuable hearing on a bipartisan piece of legislation called the Sportsmen's Act, obviously designed to promote hunting and fishing activities which are so…

The one that is hitting Oregonians hardest is the fake phone call demanding money or personal information on behalf of the IRS.

The one that's hitting my home state of Oregon hardest is the fake phone call demanding money or personal information on behalf of the IRS.

I mean, we have millions of older people in this country who are walking an economic tightrope every single day.

Since the day the IRS opened its doors, scam artists have been hatching up slick new ways of stealing taxpayer dollars from the Treasury.

What's new is, they're now stealing Americans' identities and personally threatening them on an industrial scale, while directly robbing them of their hard-earned money.

I look forward to working with you and our colleagues on this in a bipartisan way.

It is incredibly important.

I would also really like to see the IRS take a greater leadership role in terms of driving many of the standards or expectations.

It seems to me--and you mentioned it in your testimony--it is clear that the phone scams, a lot of them, are originating overseas.

Let us move on to the Anthem case, because this is one that really shows the industrial scale of these incredible rip-offs, something like 80 million people affected by cyber-ID theft.

Our colleague Senator Nelson is also a leader on this issue of keeping taxpayers safe from identity theft and fraud.

Without compromising the investigation, can you tell us a little bit--you said there were some problems in working with the foreign governments. Can you just give us a little bit of a sense of what those are?

What is new is, the rip-off artists are now stealing Americans' identities and personally threatening them on an industrial scale.