Baucus Seeks Middle Ground on Budget to Spark Growth, Create Jobs

At a Senate Finance Committee hearing today with Treasury Secretary Jack Lew to examine the administration’s fiscal year 2014 budget, Chairman Max Baucus (D-Mont.) said the budget must cut the debt, create jobs and protect and invest in the nation’s priorities to solidify its economic future.  Senator Baucus identified strengthening Social Security and Medicare, helping […]

Baucus Statement on the Administration’s FY2014 Budget

Alexander Hamilton once said, “The necessities of a nation in every stage of its existence will be found at least equal to its resources.” In 1790, when Hamilton was appointed America’s first Treasury Secretary, he set out to build our young nation’s financial system and pay down its debt.  As Hamilton did this, he submitted […]

Baucus Statement on the Nomination of Marilyn Tavenner to be CMS Administrator

General Douglas MacArthur once said, “A true leader has the confidence to stand alone, the courage to make tough decisions, and the compassion to listen to the needs of others.” Testifying before us today is Marilyn Tavenner, nominated to be the administrator of the Centers for Medicare and Medicaid Services, or CMS.  Ms. Tavenner, you […]

Baucus Comment on Making Veterans Tax Credit Permanent in President’s Budget

To:From:Re: Reporters and EditorsSean Neary and Meaghan Smith for Senate Finance Committee Chairman Max Baucus (D-Mont.)Baucus Comment on Making Veterans Tax Credit Permanent in President’s Budget Senate Finance Committee Chairman Max Baucus (D-Mont.) commented today on a proposal in the President’s Fiscal Year 2014 budget to permanently extend the Returning Heroes Tax Credit, which provides […]

HHS Report Shows Tens of Millions Lost to Medicare Overpayments

WASHINGTON – Senate Finance Committee Chairman Max Baucus (D-Mont.), Ranking Member Orrin Hatch (R-Utah), Homeland Security and Governmental Affairs Committee Chairman Tom Carper (D-Del.) and Senator Tom Coburn (R-Okla.) today highlighted a new report from the Department of Health and Human Services (HHS) Inspector General showing nearly $70 million lost in Medicare overpayments to suppliers […]

Baucus Demands Answers From IRS for Wasted Taxpayer Dollars Spent on Star Trek Parody Video

WASHINGTON – Senate Finance Committee Chairman Max Baucus (D-Mont.) demanded a line by line accounting from the Internal Revenue Service (IRS) today of the time, resources, and personnel involved in the making of Star Trek and Gilligan’s Island parody videos that reportedly cost $60,000 to produce.  Chairman Baucus, whose Finance committee has jurisdiction over the […]

Senators React To Special Fraud Alert Involving Physician-Owned Entities

WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, today said a new Special Fraud Alert issued by the U.S. Dept. of Health and Human Services Office of Inspector General (HHS-OIG) regarding Physician Owned Distributorships (PODS) confirms the middleman entities that allow doctors to financially profit from the medical devices […]

Baucus-Hatch Bill Strengthens U.S. Customs Agencies, Helps Boost Job-Creating Trade

WASHINGTON – Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Orrin Hatch (R-Utah) introduced legislation late Friday to bolster the nation’s job-creating trade agenda by strengthening the trade facilitation and enforcement efforts of U.S. Customs and Border Protection (CBP) and Immigration and Customs Enforcement (ICE). The Trade Facilitation and Trade Enforcement Reauthorization Act […]

Baucus Statement in Opposition to the Internet Sales Tax Amendment

Mr. President, I rise today to oppose an amendment introduced by my colleagues, Senator Durbin and Senator Enzi.  That amendment would let states force businesses in other states to collect sales taxes on their behalf. First, I would like to express my regret that this issue has been brought to the floor today without being […]