Central Montana Times

U.S. Senator Steve Daines, along with Senate Finance Committee Republicans Senator James Lankford (R-Okla.) and Ranking Member Mike Crapo (R-Idaho), have sent a letter to the Senate Appropriations Committee. The letter requests that 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 senators argue that the OECD's global tax negotiations will negatively impact American competitiveness, divert U.S. taxpayer dollars to European bureaucrats, and lead to job losses in the United States. They contend that the U.S. unfairly bears the largest financial burden in these contributions.

In their letter, they stated: "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."

They further noted: "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."

The full letter can be accessed here.

Additional senators who joined Daines, Lankford, and Crapo in sending this letter include Senators Tillis (R-N.C.), Blackburn (R-Tenn.), Thune (R-S.D.), Grassley (R-Iowa), Young (R-Ind.), and Cornyn (R-Texas).