Senator Romney joined Senators Menendez (D-NJ), Jim Risch (R-ID), and Van Hollen (D-MD), in unveiling the Taiwan Tax Agreement Act of 2023, bipartisan legislation to authorize the Biden Administration to negotiate and conclude a tax agreement with Taiwan. Similar to a tax treaty, this agreement would play a key role in facilitating investment between the United States and Taiwan, including in key strategic industries such as semiconductors, by making it easier for businesses in the U.S. and Taiwan to avoid double taxation while protecting against tax evasion.

At a Budget Committee hearing to discuss the recent House-passed bill that raises the debt limit and reduces spending, Senator Romney criticized the politicization of our country’s fiscal situation. He urged his colleagues to put posturing aside and come together to save the U.S. from defaulting on its debt, rein in federal spending, and address the main drivers of the debt—our entitlement programs.

Senator Romney joined Senators Menendez (D-NJ), Risch (R-ID), and Duckworth (D-IL) in applauding the Committee’s passage of their Providing Appropriate Recognition and Treatment Needed to Enhance Relations (PARTNER) with ASEAN Act, bipartisan legislation to strengthen relations between the United States and the Association of Southeast Asian Nations (ASEAN).

Senator Romney joined a group of colleagues, led by Senator Barasso (R-WY), Ranking Member of the Senate Committee on Energy and Natural Resources, in introducing legislation to protect multiple use policy on federal lands. This legislation blocks the Bureau of Land Management’s proposed Public Lands Rule.