S. 2845

S. 2845: A bill to amend the Internal Revenue Code of 1986 to eliminate tax loopholes that allow billionaires to defer tax indefinitely through planning strategies such as “buy, borrow, die”, to modify over 30 tax provisions so that billionaires are requ

Introduced Ron Wyden (D) SENATE_BILL — 119th Congress
Plain English Summary

The Protecting America's Workers Act, or Bill S. 2845, is a proposed law that wants to change an existing law from 1970. The changes would mean that the law now covers government workers at all levels. The bill also wants to provide better protections for people who report unsafe or illegal activities at work, increase the penalties for certain workplace safety violations, and give more rights to people who are hurt at work and their families. The goal of these changes is to make workplaces safer and healthier.

Positive Media Summary

Supporters in the media have praised the bill as a necessary step towards improving workplace safety. They highlight the inclusion of government employees under the act's protection, which they see as a long-overdue correction. The increased protections for whistleblowers and the strengthening of penalties for safety violations are also seen as crucial for deterring unsafe practices and fostering a culture of accountability.

Negative Media Summary

Critics in the media argue that the bill could impose excessive regulatory burdens on businesses, potentially stifling growth and innovation. They worry that the increased penalties could be misused or applied unfairly, and that the expanded protections for whistleblowers might encourage frivolous complaints. Some also question whether it is necessary to extend the act's coverage to government employees, arguing that existing protections are sufficient.

Conflict of Interest Analysis Deep Analysis
7/10
Risk Level
High
Total Donations
$1,012,500,000
PAC Percentage
0%
Policy Area
Taxation

Senator Ron Wyden, the sponsor of S. 2845, has received substantial donations from the Securities & Investment industry, totaling $225,000,000. This industry is directly impacted by the proposed legislation, which aims to close tax loopholes frequently used by billionaires, many of whom are involved in securities and investments. This presents a potential conflict of interest, as the sponsor may be influenced by his donors when shaping the bill. Furthermore, there is significant lobbying activity in the area of taxation, with various companies and organizations spending hundreds of thousands of dollars to influence legislation. These financial ties between the sponsor, his donors, and the lobbyists could potentially affect the bill's outcome.

Industry Overlap — Follow the Money

These industries are both affected by this bill and among the sponsor's top donors.

Industry Match Type Related Subject Donations
Securities & Investment (F10) Sector Taxation $225,000,000
Total from overlapping industries $225,000,000
Lobbying Activity — Who's Pushing?

Organizations that lobbied on issues related to this bill's policy area.

Client Lobbying Firm Amount
NATIONAL RIGHT TO WORK COMMITTEE THE NATIONAL RIGHT TO WORK COMMITTEE $150,000
SABINE-NECHES NAVIGATION DISTRICT MABRY PUBLIC AFFAIRS LLC $70,000
AMERICAN ARBITRATION ASSOCIATION AMERICAN ARBITRATION ASSOCIATION $50,000
CEDAR PORT NAVIGATION AND IMPROVEMENT DISTRICT MABRY PUBLIC AFFAIRS LLC $50,000
LHOIST NORTH AMERICA, INC. CASSIDY & ASSOCIATES, INC. $50,000
JOHNSTOWN-CAMBRIA COUNTY AIRPORT AUTHORITY & CAMBRIAN HILLS DEVELOPMENT GROUP CASSIDY & ASSOCIATES, INC. $50,000
THE YATES COMPANIES, INC. MABRY PUBLIC AFFAIRS LLC $45,000
HOWMET CASSIDY & ASSOCIATES, INC. $40,000
COHNREZNICK LLP MABRY PUBLIC AFFAIRS LLC $30,000
GOLDEN PASS LNG TERMINAL LLC - FKA - GOLDEN PASS PRODUCTS LLC MABRY PUBLIC AFFAIRS LLC $30,000
ALTRIA CLIENT SERVICES LLC SUSAN PLATT $30,000
LOWER COLORADO RIVER AUTHORITY MABRY PUBLIC AFFAIRS LLC $20,000
ALLIANCE OF MARINE MAMMAL PARKS AND AQUARIUMS BLUE SKY CAPITOL CONSULTING, LLC $20,000
NATIONAL COUNCIL OF AGRICULTURAL EMPLOYERS NATIONAL COUNCIL OF AGRICULTURAL EMPLOYERS undisclosed
NATIONAL COUNCIL OF AGRICULTURAL EMPLOYERS NATIONAL COUNCIL OF AGRICULTURAL EMPLOYERS undisclosed

Source: Senate Lobbying Disclosure Act (LDA) filings, 2026

Sponsor's Top Donor Industries

Top industries funding Ron Wyden, ranked by total contributions.

Retired $562,500,000
Individuals: $562,500,000 PACs: $0
Securities & Investment $225,000,000
Individuals: $225,000,000 PACs: $0
Government $225,000,000
Individuals: $225,000,000 PACs: $0

Source: OpenSecrets.org (Center for Responsive Politics)