WASHINGTON, June 11 -- Sen. Ron Wyden, D-Oregon, ranking member of the Senate Finance Committee, issued the following news release on June 10, 2025:

* * *

New JCT Analysis Exposes Republican Giveaway to the Wealthy Hidden in Expanded Passthrough Deduction

Half the Benefit of Expanded Republican Passthrough Will Go to Millionaires and Billionaires; Republicans Also Loosened Rules to Allow Highly-Paid Lobbyists and Lawyers to Qualify

*