Baucus, Burr Investigate Nonprofit for Exploiting Veterans, Taxpayers, Abusing Tax-Exempt Status
Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) and Veterans’ Committee Ranking Member Richard Burr (R-N.C.) initiated an investigation today into the potential abuses of tax-exempt nonprofit status by the Disabled Veterans National Foundation (DVNF), following reports of questionable financial ties between DVNF and Quadriga Art, a marketing firm that handles its direct […]
Baucus Says Innovation in Health Care Delivery Will Mean Higher Quality, More Affordable Care
Albert Einstein once said “If you always do what you always did, you will always get what you always got.” As health care premiums were doubling from 2000 to 2010, it was clear we could no longer do what we always did. We could no longer tolerate what we always got when it came to […]
Baucus Calls on Congress to Fund Social Security’s Efforts to Improve Program’s Long-Term Finances
Washington, DC – At a Senate Finance Committee hearing held today, Chairman Max Baucus (D-Mont.) said the Social Security Administration (SSA) must have the resources it needs to curtail improper payments in order to improve the program’s long-term financial outlook. Baucus noted that every dollar invested in efforts to reduce improper payments results in between […]
Baucus Says Social Security Administration Needs Funding to Root Out Improper Payments, Fix Disability Backlog
President Kennedy once said, “A Nation’s strength lies in the well-being of its people.” No federal program touches more American lives and benefits more American families than Social Security. Next year, the Social Security Administration will pay benefits to almost 60 million Americans. Today we will examine the agency’s performance delivering benefits to workers and […]
Baucus Says Tax Reform Should Simplify Tax Rules, Spur Growth in Indian Country
Washington, DC – At a Senate Finance Committee hearing held today, Chairman Max Baucus (D-Mont.) said tax reform should simplify the code and help improve the economic outlook of Indian tribes, many of which have extreme unemployment rates and financial problems. Baucus also addressed the uncertainty caused by provisions in the tax code that expire […]
Baucus Says Tax Reform Can Help Indian Tribes, U.S. Territories
There is a Crow proverb that says, “Man’s law changes with his understanding of man. Only the laws of the spirit remain always the same.” Our desire to spur broad-based economic growth and give help to those who need it stays the same. But our laws are ever-changing. And while some were well-intentioned, the 15,000 […]
Baucus Hails Colombia FTA’s Entry Into Force
Washington, D.C. – Senate Finance Committee Chairman Max Baucus today hailed the U.S.-Colombia Free Trade Agreement’s (FTA) entry into force, which will take place tomorrow and eliminate and phase-out Colombian tariffs on American manufactured and agricultural goods. Baucus led the fight urging the Administration to send the job-creating agreement to Congress and last year led […]
Baucus Examines Medicare Physician Payment System and SGR
American historian and author Stephen Ambrose once said, “The past is a source of knowledge, and the future is a source of hope.” Today we begin the first in a series of roundtables about the Medicare physician payment system. This first discussion will focus on where things stand now and how we got here. We’re […]
Baucus, Grassley Seek Answers about Opioid Manufacturers’ Ties to Medical Groups
Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) and senior Committee member Chuck Grassley (R-Iowa) initiated an investigation today into the connections of drug manufacturers Purdue Pharma, Endo Pharmaceuticals, and Johnson & Johnson with medical groups and physicians who have advocated the increased use of narcotic painkillers, or opioids. The Senators also asked […]
Baucus Considers Treasury, Trade Nominees at Committee Hearing
Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) convened a committee hearing today to consider the nominations of Mark Mazur to be the Assistant Treasury Secretary for Tax Policy, Matthew Rutherford to be Assistant Treasury Secretary for Financial Markets and Meredith Broadbent to be a Commissioner of the International Trade Commission (ITC). “These […]