Summary of the Finance Committee Title to the Highway and Student Loan Bill
The two-year highway bill reauthorizes and fully funds the Highway Trust Fund (HTF), the federal funding source for transportation infrastructure projects like roads, highways, bridges, and mass transit. The bill is also an investment in good-paying American jobs; the critical infrastructure investments supported by the bill create or support more than a million jobs, ensure […]
Baucus Lauds Agreement on Highway Bill, Student Loans
Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) today applauded the bipartisan agreement reached on a federal Highway Bill. The two-year bill will make critical infrastructure investments across the country and support or create more than a million jobs. The legislative package also includes a provision to prevent the increase of student loan […]
Baucus, Hatch Work to Save Taxpayer Dollars by Preventing Unemployment Insurance Overpayments
Washington, D.C. – Continuing their efforts to eliminate fraud, waste, and abuse in federal programs to save taxpayer dollars, Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Orrin Hatch (R-Utah) requested an update on the Department of Labor’s efforts to cut overpayments in half and prevent fraud in the Unemployment Insurance program in […]
Baucus Urges Swift Passage of Bill to Create U.S. Jobs by Expanding Trade with Russia
Washington, DC – In a Senate Finance Committee hearing held today, Chairman Max Baucus (D-Mont.) called on Congress to pass his legislation by next month enabling U.S. businesses to pursue new job-creating export opportunities in Russia when it joins the World Trade Organization (WTO) this summer. Baucus introduced the bill last week along with International […]
Baucus, Hatch Introduce Bill to Support Jobs, Strengthen Trade Ties with Sub-Saharan Africa and Central America
Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Orrin Hatch (R-Utah) introduced legislation today to continue expanding U.S. trade with sub-Saharan Africa and Central America. The bill will extend a key provision of the African Growth and Opportunity Act (AGOA) and make non-controversial technical changes to the Dominican Republic-Central America-United […]
Baucus Says to Create Thousands of U.S. Jobs, Congress Must Pass Russia PNTR by August
It’s baseball season, and we should remember the old baseball adage “keep your eye on the ball.” The ball here is jobs. Russia’s accession to the World Trade Organization this summer will mean thousands of jobs here in the United States – but only if we pass Russia Permanent Normal Trade Relations legislation by August. […]
Baucus, Rivlin, Domenici Talk Deficit Reduction, Fiscal Crisis
Washington, DC – In a Senate Finance Committee hearing held today, Chairman Max Baucus (D-Mont.) discussed plans for deficit reduction and the year-end fiscal crisis with Dr. Alice Rivlin and former Senator Pete Domenici (R-N.M.). Baucus called on Congress to come together on a bipartisan agreement that reduces the deficit responsibly. With taxes set to […]
Baucus Calls for Congress to Work Together to Avoid Fiscal Crisis
President Truman once said, “America was built on courage, on imagination, and an unbeatable determination to do the job at hand.” We are here today to discuss the fiscal crisis we face at the end of this year. Overcoming this crisis is the job at hand. We are pleased to have Senator Pete Domenici and […]
Baucus Calls for Tax Reform to Widen Access to Education, Aim Assistance at Those with Fewest Opportunities
Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) today called for tax reform to increase access to education and make it easier for students and families to claim the assistance for which they qualify. Baucus’s call follows his release of a GAO report that found 1.5 million eligible tax filers had not claimed […]
Baucus Says Medicare Physician Payment System Should Reward High-Value, High-Quality Care
Thomas Edison once said, “To have a great idea, have a lot of them.” Today, we hold our second roundtable on Medicare physician payments. The payment system Medicare currently uses is broken. There are a lot of ideas about how to fix it. Today I want to hear them. We know the sustainable growth rate, […]