It isn’t just Detroit: Pension Crisis From Coast to Coast
When Detroit filed Chapter 9 bankruptcy last week, Americans were once again reminded of the public pension debt that has plagued municipalities, towns and cities across the nation. A mismanaged budget coupled with a tough economy has left America’s Motor City unable to dig out from an $18 billion hole, with nearly four billion of […]
Baucus-Hatch Bill Extends Key Trade Preference Program to Support U.S. Manufacturing
WASHINGTON – Senate Finance Committee Chairman Max Baucus (D-Mont.) and Ranking Member Orrin Hatch (R-Utah) introduced legislation late yesterday extending the Generalized System of Preferences (GSP), a key program that supports international trade and lowers costs for U.S. manufacturers and retailers by granting duty-free access to many products they import from developing countries. “The Generalized […]
Hatch to Unions: Work With Me to Permanently Delay ObamaCare
WASHINGTON – Responding to criticisms of the President’s health law by three of the nation’s largest labor unions, Finance Committee Ranking Member Orrin Hatch (R-Utah) invited the presidents of the International Brotherhood of Teamsters, United Food and Commercial Workers, and Unite Here to work with him to permanently delay the entire law for all Americans […]
Hatch Statement at Senate Finance Committee Hearing Considering Tax Court & Trade Nominations
WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, today delivered the following remarks during a Senate Finance Committee hearing considering the nominations of Michael B. Thornton and Joseph W. Nega to serve as Judges of the U.S. Tax Court, and F. Scott Kieff to be a member of the […]
Hatch on Consequences of Job-Killing Health Insurance Tax
WASHINGTON –U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, today joined U.S. Senator John Barrasso (R-Wyo.), and U.S. Reps. Charles Boustany (R-La.) and Jim Matheson (D-Utah) along with members of the Stop the HIT coalition to highlight the six-month countdown to repeal the health insurance tax (HIT) included in the President’s […]
Hatch Statement at Finance Committee Hearing Examining How Health Information Technology Can Improve Health Care Quality
WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, delivered the following opening statement at a committee hearing examining how health information technology (IT) can help improve the quality of health care in America: Thank you, Chairman Baucus, for holding this hearing today on health information technology, or health […]
In Speech, Hatch Calls for Permanent Delay of ObamaCare
WASHINGTON – In a speech on the Senate floor today, Finance Committee Ranking Member Orrin Hatch (R-Utah) said the President’s signature domestic policy achievement – ObamaCare – was not ready for primetime should be permanently delayed for all Americans. “This law is too big, too cumbersome, too intrusive, too costly to work. I’ve never supported […]
Senators Question Health Law’s Burden on Federal Budget
WASHINGHTON – Citing concerns over the growing price tag of health care premium subsidies, six Finance Committee Republicans demanded an in-depth analysis on how the Administration will prevent the new health insurance exchanges from becoming a burden on the federal budget and ensure exchange operations are self-sustaining, as required by law, in a letter to […]
Hatch Statement at Finance Committee Hearing Examining Ways to Improve Medicare Physician Payment System
WASHINGTON – U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, delivered the following opening statement at a committee hearing examining effective ways to permanently repeal the sustainable growth rate (SGR) formula within the Medicare physician fee schedule and make improvements to the current system as physicians transition to alternative payment models: […]
Hatch Unveils Bill to Overhaul Pension Benefit System, Secure Retirement Savings
WASHINGTON – To address the public pension debt crisis and better secure retirement savings for millions of Americans, Finance Committee Ranking Member Orrin Hatch (R-Utah) today unveiled the Secure Annuities for Employee (SAFE) Retirement Act of 2013, legislation to strengthen and reform much of the nation’s public and private pension benefit system. “America cannot continue […]