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Will China Help End U.S. Farm Subsidies?

K. William Watson This morning, U.S. Trade Representative Mike Froman appeared before the Senate Finance Committee to talk and answer questions about U.S. trade policy. Most of the questions centered around trade promotion authority,...Show More Summary

U.S. Senator Says Expects Fast-track Trade Bill In February

WASHINGTON (Reuters) - The head of the Senate committee responsible for trade said on Tuesday he hopes to present a bill to streamline the passage of trade deals through the U.S. Congress in February. Senate Committee on Finance Chairman...Show More Summary

Three Trade Keys to Unlock Growth in Manufacturing and Higher-Paying Jobs

As the Senate Finance and House Ways and Means Committees hold hearings today on “President Obama’s 2015 Trade Agenda,” manufacturersRead the Rest...

Hatch Sees Warren as the New Kennedy

Sen. Orrin Hatch (R-UT) told Yahoo News that he thinks Sen. Elizabeth Warren (D-MA), “who showed up at a well-attended reception to celebrate Hatch’s chairmanship of the Senate Finance Committee and said a few words in his honor, would like [...] The post Hatch Sees Warren as the New Kennedy appeared first on Political Wire.

Is Obama's State of Union Speech a Call for Class Warfare?

We hear it every time raising taxes on the rich are even suggested. The phrase "class warfare" comes up. Yesterday Sen. Orrin Hatch, the new President pro temp ore of the Senate and Chair of the Senate Finance Committee, used the phrase...Show More Summary

The Tax Reform Gap Between Obama and the GOP is Widening

In his state of the union address, President Obama laid out his vision for the tax code. Earlier in the day, in a speech to the Chamber of Commerce, Senate Finance Committee chair Orrin Hatch (R-UT) described his. They are not only on different planets. Show More Summary

Congress, on Retreat with a Small Step toward Tax Reform

The Daily Deduction will return Tuesday, after the Martin Luther King, Jr., holiday. The Senate Finance Committee has created five new working groups for tax reform. The bipartisan groups will address provisions of the tax code thatShow More Summary

What To Make of the Senate Finance Committee’s Tax Reform Workgroups

The Senate Finance Committee has created five bipartisan working groups to develop ideas for comprehensive tax reform by the end of May.  It is a good idea. But it is unlikely to accelerate the panel’s timetable for producing legislation. Show More Summary

Tax Roundup, 1/9/15: Senators: preparers aren’t doing a good enough job on the tax law we’ve butchered.

Senators get behind IRS preparer regulation power grab. Accounting Today reports: Two Democrats on the Senate Finance Committee have introduced legislation […]

Here’s The Ugly Truth For North Dakota About Oil Prices: Nobody Really Knows

“It’s a big, black cloud hanging over the session,” Senator Dwight Cook, a Republican from Mandan and chairman of the Senate Finance and Taxation Committee, said of oil prices recently as North Dakota’s 2015 legislative session begins. He’s not kidding. State policymakers are staring down the barrel of not one but two oil tax triggers...

Clip ‘N Save: Orrin Hatch’s Tax Reform Principles

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

U.S. Expats Find Hope in Senate Finance Tax Reform Proposal

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.

Georgia Senators Receive Committee Assignments

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

Paying Down The Debt Is Now Almost Mathematically Impossible

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

Tax reform 2014, Senate version

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

Inside the collapse of the year’s biggest tax deal

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 […]

Senate to Hold Hearing on Cyberattacks Against Finance

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 May Just “Let It Go” … Until Next Year

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

Idaho Republican Party Toe-Taps Larry Craig to Serve as Finance Chair: VIDEO

2 months agoLGBT / Gay : Towleroad

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...

Blaz helps committee raise funds to aide Senate candidates

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.

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