Grassley to Meet with O’Neill
WASHINGTON — Sen. Chuck Grassley will meet on Wednesday morning with Treasury Secretary nominee Paul O’Neill. Grassley is expected to become chairman of the Finance Committee. The Grassley/O’Neill meeting on Jan. 3 will occur at 10:05 a.m., in Hart 135, Grassley’s office. There will be a photo-op at 10 a.m. Set-up begins at 9:50 a.m. […]
Senator Roth’s Senate Floor Statement On H.R. 4986, the
Mr. ROTH. Mr. President, this bill passed by the Senate satisfies the United States’ WTO obligations and ensures that U.S. companies will compete on a level playing field in the global marketplace. By enacting this legislation, we will avoid a needless trade dispute, protect the American economy, and satisfy our international obligations to our trading […]
Senate Approves Legislation to Ensure Level Playing Field for U.S. Companies in the Global Marketplace
WASHINGTON — The Senate today approved by unanimous consent H.R. 4986, the “FSC Repeal and Extraterritorial Income Exclusion Act of 2000”. The legislation is a House-Senate compromise version that was originally included in the conference report to H.R. 2614, the Small Business Investment Act. “This bill passed by the Senate satisfies the United States’ WTO […]
Roth IRA Ownership Increases by 46%
WASHINGTON — Ownership of the popular Roth IRA savings vehicle increased by more than 46% this year, according to statistics from the Investment Company Institute released this month. This year, 10.4 million (or about 10%) of American households own Roth IRAs; in 1999, 7.1 million households owned Roth IRAs. Of the Roth IRA holders, nearly […]
Senate Passes Roth’s Tariff Suspension and Trade Act of 2000
WASHINGTON — Senate Finance Committee Chairman William V. Roth, Jr. (R-DE) cheered the Senate passage, by unanimous consent late Thursday night, of H.R. 4868, the Tariff Suspension and Trade Act of 2000, a compendium of non-controversial duty suspensions, common-sense trade law modifications, and technical changes. The bill also contains key provisions authored by Senator Roth […]
Roth: Medicaid Upper Payment Limit Agreement Not Adequate
WASHINGTON — Senate Finance Committee Chairman William V. Roth, Jr. (R-DE) today issued the following statement on the provisions related to Medicaid upper payment limits included in the House-Senate agreement on Medicare, Medicaid, and SCHIP Benefits Improvement and Protection Act. This package will be included in the year end tax bill. “I am disappointed with […]
Senate Clears Social Security, Commerce, and Judicial Nominees
WASHINGTON — By unanimous consent, late Tuesday night, the full Senate approved the following Social Security, Commerce and Judicial nominees: • Stephen J. Swift, to be Judge of the United States Tax Court;• Joel Gerber, to be Judge of the United States Tax Court;• Troy Hamilton Cribb, to be Assistant Secretary of Commerce, Department of• […]
Roth Releases Outline of Final Version of Tax Relief and Medicare, Medicaid and SCHIP Benefits Improvement & Protection Act
WASHINGTON — Senate Finance Committee Chairman William V. Roth, Jr. (R-DE) Wednesday released the outline of a tax relief and health care package that has been agreed upon by both the House and Senate. All tax and health care components are expected to be taken up as a single bill. Revenue estimates by the Joint […]
House and Senate Agree to Medicare Refinement Plan
WASHINGTON – House Ways and Means Chairman Archer (R-TX), Senate Finance Committee Chairman Bill Roth (R-DE), House Commerce Chairman Tom Bliley (R-VA), Health Subcommittee Chairman Bill Thomas (R-CA), and Commerce Health Subcommittee Michael Bilirakis (R-FL) today announced that an agreement has been reached between the House and Senate on a plan to strengthen Medicare, Medicaid […]
Roth Statement on Medicare Funding Package
WASHINGTON — The following is the statement of Senate Finance Committee Chairman William V. Roth, Jr. (R-DE) regarding the agreement reached between House and Senate negotiators over a package of funding to strengthen Medicare, Medicaid and the State Children’s Health Insurance Program (SCHIP): “Today we are pleased to unveil legislation to address the funding concerns […]