The United States Senate Committee on Finance: Home

Tax Reform Option Papers

Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Orrin Hatch (R-Utah) have launched a process for the committee to begin developing a proposal to reform America’s tax code. Over the next several months, the committee will convene weekly to discuss a series of options papers on a wide range of issues within tax reform. These option papers will include ideas from across the spectrum and, as such, do not necessarily have the endorsement of either the Chairman or Ranking Member.

Read the tax reform option papers here »

Health Reform: $800 Billion in Tax Cuts

The Affordable Care Act provides individuals, families, and small businesses with more than $800 billion in tax cuts to help make health care more affordable. It’s a net tax decrease of $588 billion for middle-class families. In addition, the law reduces the deficit by more than a trillion dollars in the coming decades.

Learn more about the tax cuts in the Affordable Care Act »

About the Finance Committee Leadership

The Senate Finance Committee is led by Chairman Max Baucus (D-Mont.) and Ranking Member Orrin G. Hatch (R-Utah). Senators Baucus and Hatch have served together on the committee since 1991. The Finance leaders pride themselves on working together to create meaningful legislation that can garner broad support in the Senate. They have worked together on bills in all areas of the Committee’s jurisdiction from tax and health issues to trade and Social Security.

Learn More about the Committee »

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Recent News

Chairman More News »

05/22	Baucus Says Modern Customs and Border Protection System is Vital to U.S. Competitiveness
05/22	Baucus Statement on the Trade Facilitation and Trade Enforcement Reauthorization Act of 2013
05/21	Baucus Calls IRS Targeting Conservative Groups "Intolerable," Pledges to Investigate
05/21	Baucus Statement on the IRS Scrutinizing Tax Exemption Applications

Ranking Member More News »

05/23	Hatch, Rubio Announce Bill to Strengthen, Expand HSAs, FSAs
05/22	Hatch Statement at Finance Committee Hearing on Legislation to Strengthen U.S. Customs Agencies, Boost Job-Creating Trade
05/21	Former IRS chief ' Doug Shulman dismayed' at targeting
05/21	Hatch Statement at Finance Hearing Examining the Targeting of Conservative Groups by the IRS