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

yesterdayLGBT / 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.

Schumer Predicts Dems Will Hold The Senate But Portman Says 'Voter Intensity' Is With GOP

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

On Residence, Retirement, and Economic Records

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

Hatch, Alexander Highlight GAO Report Confirming Need for Additional Oversight of Department of Labor Grants

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

Energy Tax Reform Part Deux

We were pleased to see the Senate Finance Committee on September 17th continuing to lay the foundation for comprehensive taxRead the Rest...

Federal Energy News: Senate Finance Talks Energy Tax Reform, EPA Extends Comment Period, and No Review for Demand Response Ruling

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

Hundreds Of Organizations Ask For Change In Trade Policies

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

NRSC: We’ve Spent Enough on #GASen

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 […]

U.S. groups leery of fast-track trade deals demand transparency

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

AMGA Submits Comments on Healthcare Data Transparency

The American Medical Group Association (AMGA) today submitted formal comments to the Senate Finance Committee regarding healthcare data transparency.

Senate Finance Committee Unanimously Approves Tax Court Nominee Pugh

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...

Inversions Should Pave the Way to Reform

The late Senator Russell Long of Louisiana, who served many years as chairman of the Senate Finance Committee, gave a classic rationale for tax policy: "Don't tax you, don't tax me, tax that fellow behind the tree." The Obama administration is making a mighty fuss about the perceived evils of tax inversions -- the process by which U.S. Show More Summary

Tax Inversions

Inversions Should Pave The Way To Reform - by Jerry Jasinowski The late Senator Russell Long of Louisiana, who served many years as chairman of the Senate Finance Committee, gave a classic rationale for tax policy: "Don't tax you, don't...Show More Summary

Sick of Corporate Tax Defections

This week the U.S. Senate Committee on Finance held a hearing entitled "The U.S. Tax Code: Love It, Leave It, or Reform It!" where the focus was on the corporate tax maneuver called inversions. Inversions occur when corporations purposely...Show More Summary

Corporate Tax Inversion: Quick Fix or Complete Overhaul?

The Senate Finance Committee met Tuesday to address the increasing national concern over corporate tax inversion...

Senate Holds Hearing Today on The Taxation of Income of U.S. Multinational Enterprises

The Senate Finance Committee holds a hearing today on The U.S. Tax Code: Love It, Leave It or Reform It!: Mihir Desai (Harvard University) Peter Merrill (PricewaterhouseCoopers) Leslie Robinson (Dartmouth College) Pascal Saint-Amans (OECD) Allan Sloan (Fortune) Robert Stack (U.S. Treasury Department) In connection with the hearing, the Joint Committee...

Taxpayer Advocate Report Focuses On Taxpayer Bill Of Rights, Refunds & Tax Exempt Organizations

It’s that time of year: the National Taxpayer Advocate, Nina Olson, has submitted her mid-year report to the House Committee on Ways and Means and the Senate Committee on Finance. The Taxpayer Advocate is required by statute to submit two reports each year. Those reports are submitted directly to Congress without any prior review or [...]

Business Briefing: Senators Query Hepatitis C Drug’s High Costs

4 months agoHealth : NYT: Health

Two members of the Senate Finance Committee asked Gilead Sciences to defend the more than $80,000 cost of Sovaldi, citing the expense to federal health care programs.

Games, Spins, Ignorance and Patience

Congress keeps playing with the Highway Trust Fund—but why? The House Ways & Means Committee approved its effort to fund the Highway Trust Fund through May, 2015. To reach a bipartisan deal, the Senate Finance Committee ultimately took a slightly different approach in a $10.8 billion proposal to finance roads and transit. Show More Summary

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