In a few weeks, veteran Utah Republican Orrin Hatch will become chair of the Senate Finance Committee. Soon after, the panel may begin tackling tax reform. While there is good reason to be skeptical about how far a tax code rewrite will...Show More Summary
Is it a straw in the wind? Last week's report on tax reform from the Republican staff of the U.S. Senate Committee on Finance has caused a flutter in the global expat community.
We’ve received word of committees Georgia Senators have been assigned to in the new Congress: David Perdue: Agriculture, Nutrition and Forestry Budget Foreign Relations Judiciary Special Committee on Aging Johnny Isakson Finance Foreign...Show More Summary
Submitted by Simon Black via Sovereign Man blog, Exactly 199 years ago, in 1815, a “temporary” committee was established in the US Senate called the Committee on Finance and Uniform National Currency. It was set up to address economic issues and the debt accrued by the US government after the War of 1812. Show More Summary
The tax reform 2014 train has another passenger, this one boarding at the U.S. Senate's tax-writing station. Sen. Orrin Hatch (R-Utah) has released an in-depth analysis by the Senate Finance Committee Republican staff entitled "Comprehensive...Show More Summary
Sen. Ron Wyden has so many knives in his back, it’s a wonder he’s still walking around upright. But as his messy tenure as chairman of the Senate Finance Committee draws to a close, Wyden (D-Ore.) remains relentlessly cheerful. “I understand how sharp the elbows are and how easy it is for negatives to get […]
The Senate Banking Committee plans to hold a hearing next week on ways to “protect the financial sector” from cyberattacks, but for now there are no plans to have anyone from the financial services industry testify.
Congress might really be home for the holidays. Finance Committee Chairman Ron Wyden told reporters today that the Senate won’t amend the House-approved bill to revive over 50 expired tax breaks for 2014 only. An up-or-down Senate vote could be held within days. Show More Summary
The Idaho Republican Party has hired former U.S. Senator Larry Craig as its financial chair of its executive committee, the Associated Press reports. The news is somewhat surprising, considering Craig was ordered last month to pay the U.S. treasury almost...
Mayor de Blasio steered at least one massive donation to a suburban county Democratic committee that promptly funneled the money to two state Senate candidates — taking advantage of a huge loophole in campaign finance rules.
Former Chairman of the Democratic Senatorial Campaign Committee, Chuck Schumer (D. NY), and current Vice Chairman for Finance of the National Republican Senatorial Committee, Rob Portman (R. OH), both appeared on "Meet the Press" this morning to predict the outcome of the 2014 midterms: SEN. Show More Summary
Congress is in recess through the mid-term elections. The Daily Deduction will post each Monday until then. What’s a multinational to do? Where is it to go? Senator Dick Durbin and Senate Finance Committee Chair Ron Wyden seem pleased that Chicago-based AbbVie’s decided to drop its deal with Dublin-based Shire. Show More Summary
United States Senate Committee on Finance U.S. Senator Orrin Hatch (R-Utah), Ranking Member of the Senate Finance Committee, and Lamar Alexander (R-Tenn.), Ranking Member of the Senate Health, Education, Labor and Pensions (HELP) Committee,...Show More Summary
We were pleased to see the Senate Finance Committee on September 17th continuing to lay the foundation for comprehensive taxRead the Rest...
the Senate Finance Committee held a hearing on energy tax reform, the EPA extended the comment period on its proposed Clean Power Plan, and the D.C. Circuit Court of Appeals declined to review a ruling on a Federal Energy Regulatory Commission demand response regulation. read more
Approximately 600 organizations have sent a formal, public letter to Senate Finance Committee Chairman Ron Wyden (D-Ore.) opposing "fast-track" trade promotion authority and calling for a new system for negotiating and implementing trade agreements. Show More Summary
The National Republican Senatorial Committee isn’t planning on plowing any further money into David Perdue’s Senate campaign, according to Rob Portman, the NRSC’s Finance Chairman. Portman indicated that the campaign arm would be focusing on other races it thinks are winnable for the remaining six weeks of the campaign. Politico has the details: “I don’t […]
Senate Finance Committee Chairman Ron Wyden, the organizations said that Trade Promotion Authority, or TPA, was outdated and undercuts congressional and public oversight. The groups, led by the Sierra Club, AFL-CIO, the Communications...Show More Summary
The American Medical Group Association (AMGA) today submitted formal comments to the Senate Finance Committee regarding healthcare data transparency.
The Senate Finance Committee on Friday unanimously approved the nomination of Cary Douglas Pugh to the U.S. Tax Court: (June 6, 2014): Cary Douglas Pugh is currently Counsel in the tax department at Skadden, Arps, Slate, Meagher & Flom, L.L.P., a position she has held since 2005. From 2002 to...