Open Search
Close Search

Archives: (R)Press Releases

Baucus Hails Committee Passage of South Korea, Colombia, Panama Trade Agreements, Trade Adjustment Assistance

 Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) hailed the Committee’s passage today of legislation to extend the Trade Adjustment Assistance (TAA) program and implement the South Korea, Colombia and Panama Free Trade Agreements (FTAs).  The bills reported by the Finance Committee at today’s mock markup serve as the Committee’s recommendations on the […]

Baucus Statement on Free Trade Agreements and Trade Adjustment Assistance

As prepared for delivery President Truman once said, “In periods where there is no leadership, society stands still.  Progress occurs when courageous, skillful leaders seize the opportunity to change things for the better.” We cannot afford to stand still and delay progress on our trade agenda.  Our competitors are gaining ground.  U.S. exporters are losing […]

Baucus Announces New Date for Free Trade Agreement Mock Markup

Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.), after consulting with members of the Finance Committee, today announced a new date for the Committee’s “mock” markup of the draft implementing bills for the South Korea, Colombia, and Panama Free Trade Agreements (FTAs) that includes an extension of Trade Adjustment Assistance (TAA).  The mock […]

Baucus Calls on China to End Restraints on Raw Material Exports

Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) applauded a World Trade Organization (WTO) panel’s finding announced today that China’s restraints on certain raw material exports violate WTO rules.  These restraints unfairly raise costs for U.S. businesses in the steel, aluminum and chemical industries.  The report follows consultations requested by the United States in […]

Baucus Statement Regarding Free Trade Agreements and Trade Adjustment Assistance

The Finance Committee will not be able to conduct a mark-up today.  Committee rules require a quorum, which must include at least one Member of each party.  Senator Hatch informed me that no Republicans will attend today.  And moments ago, Republicans objected to the committee meeting today. I’m certainly disappointed that my colleagues have chosen […]

Baucus Looks to Simplify Tax Code to Improve Compliance, Fairness

Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) convened a hearing today to address the relationship between the complexity of the tax code and the $345 billion annual “tax gap,” or the amount of taxes owed that go unpaid each year.  Baucus said that as the tax reform process moves forward, it should […]

Baucus Statement on Tax Code Complexity and the Tax Gap

John F. Kennedy said, “To the extent that some people are dishonest or careless in their dealings with the government, the majority is forced to carry a heavier burden.”  In today’s tax code, the majority is carrying a heavy burden.  It’s a burden of hundreds of billions of dollars in taxes that are owed but […]

Baucus Calls for Smart Steps to Preserve Medicare, Medicaid Benefits

Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) convened a hearing today to examine ways to protect Medicare and Medicaid benefits for seniors and those who need them the most, particularly in the face of growing health care costs.  Baucus reiterated his commitment to reducing the deficit, but stated that Congress cannot do […]

Baucus Looks to Improve Unemployment Insurance Program, Preserve Funding for Individuals in Search of Work

Washington, DC – Senate Finance Committee Chairman Max Baucus (D-Mont.) convened a hearing today examining ways to improve the Unemployment Insurance program by decreasing costly overpayments.  Baucus underscored the importance of protecting the integrity of the UI program and preserving the aid that keeps families and individuals afloat while they transition to new jobs. “Unemployment […]