Send Letter to Senate Appropriations Committee Urging Suspension of Certain Contributions to OECD
U.S. SENATE – U.S. Senator Steve Daines today led Senate Finance Committee Republicans Senator James Lankford (R-Okla.) and Ranking Member Mike Crapo (R-Idaho) to send a letter to the Senate Appropriations Committee requesting the Fiscal Year 2025 Appropriations Bill prohibit any Part II funding or voluntary contributions to the Organisation for Economic Co-Operation and Development (OECD). The OECD leads the anti-American global tax negotiations that will hinder American competitiveness, send U.S. taxpayer dollars to European bureaucrats, and cause American job losses, yet the U.S. unfairly pays the largest contributions.
The senators wrote in their letter, “To the extent the OECD believes its mission should include creating anti-growth tax mandates and appointing itself the global arbiter of determining worthy tax incentives—in a manner that uniquely discriminates against U.S. interests—we question why the U.S. should continue to reflexively fund special tax projects through that organization
…Per the OECD’s budget, Part II programs are funded according to the scale of contributions and are not funded by all member countries. It is our understanding that the U.S. contributions unequally drive the scale of funding. Because the OECD utilizes U.S. funding which has resulted in policies adverse to American workers and businesses, we request you include language in the FY25 State Department and Foreign Operations appropriations bill suspending any Part II funding or voluntary contributions provided to the OECD.”
Read the full letter here.
Senators Tillis (R-N.C.), Blackburn (R-Tenn.), Thune (R-S.D.), Grassley (R- Iowa), Young (R- Ind.), and Cornyn (R- Texas) joined Senators Daines, Lankford, and Crapo in sending the letter.