Latest Ron Wyden News

Pelosi: In 'good shape' on Biden plan, infrastructure bill

Oct. 27, 2021 11:23 AM EDT

WASHINGTON (AP) — House Speaker Nancy Pelosi told colleagues Wednesday that Democrats are in “pretty good shape” on President Joe Biden's sweeping domestic plan and a related $1 trillion infrastructure bill as they race to wrap up talks ahead of his departure for global summits. ...

EXPLAINER: What's a 'wealth tax' and how would it work?

Oct. 27, 2021 09:35 AM EDT

To help pay for his big economic and social agenda, President Joe Biden is looking to go where the big money is: billionaires. Biden never endorsed an outright “wealth tax” when he campaigned for the White House last year. But his more conventional proposed rate...

Half its original size, Biden's big plan in race to finish

Oct. 27, 2021 00:12 AM EDT

WASHINGTON (AP) — Half its original size, President Joe Biden's big domestic policy plan is being pulled apart and reconfigured as Democrats edge closer to satisfying their most reluctant colleagues and finishing what's now about a $1.75 trillion package. How to pay...

Billionaire tax hits critics as Biden pushes for budget deal

Oct. 25, 2021 21:56 PM EDT

WASHINGTON (AP) — The Democrats' idea for a new billionaires’ tax to help pay for President Joe Biden's social services and climate change plan quickly ran into criticism as too cumbersome with some lawmakers preferring the original plan of simply raising the top tax rates on...

Deal on Biden's $2T plan edges closer; Harris is 'confident'

Oct. 23, 2021 17:27 PM EDT

WASHINGTON (AP) — A deal within reach, President Joe Biden and Congress’ top Democrats edged close to sealing their giant domestic legislation, though the informal deadline appeared to slip as they worked to scale back the measure and determine how to pay for it. ...

Deal seems near on $2T Biden package, though deadline slips

Oct. 22, 2021 21:54 PM EDT

WASHINGTON (AP) — A deal within reach, President Joe Biden and Congress’ top Democrats edged close to sealing their giant domestic legislation Friday, though the day's informal deadline appeared to slip as they worked to scale back the measure and determine how to pay for it. ...

White House, Dems hurriedly reworking $2 trillion Biden plan

Oct. 21, 2021 22:54 PM EDT

WASHINGTON (AP) — The White House and Democrats are hurriedly reworking key aspects of President Joe Biden’s $2 trillion domestic policy plan, trimming the social services and climate change programs and rethinking new taxes on corporations and the wealthy to pay for a scaled-back...

Big changes in White House ideas to pay for $2 trillion plan

Oct. 20, 2021 20:17 PM EDT

SCRANTON, Pa. (AP) — In an abrupt change, the White House on Wednesday floated new plans to pay for parts of President Joe Biden’s $2 trillion social services and climate change package, shelving a proposed big increase in corporate tax rates though also adding a new billionaires' tax on...

Biden focuses on climate, families in trimmed $2T plan

Oct. 19, 2021 22:03 PM EDT

WASHINGTON (AP) — Scaling down his “build back better” plans, President Joe Biden on Tuesday described a more limited vision to Democratic lawmakers of a $2 trillion government-overhaul package with at least $500 billion to tackle climate change and money for middle-class priorities —...

Biden's dilemma: Satisfying Manchin risks losing other Dems

Oct. 19, 2021 01:39 AM EDT

WASHINGTON (AP) — It's Washington's enduring question: What does Joe Manchin want? But increasingly the answer is crystal clear. The conservative West Virginia Democrat wants to dismantle President Joe Biden's proposed climate change strategies and social services...