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Latest United States Senate Committee on Finance Stories

2009-07-15 12:07:00

WASHINGTON, July 15 /PRNewswire-USNewswire/ -- Steele will outline a unifying set of core Republican principles for health care reform, spelling out what Republicans are for and what they are against while seeking to correct common myths about what President Obama claims his health care plan would do for ordinary Americans. (Logo: http://www.newscom.com/cgi-bin/prnh/20080917/NPCLOGO) The Senate Health, Education, Labor and Pensions Committee has already begun work on a health care...

2009-07-09 15:47:00

WASHINGTON, July 9 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) announced today that it has filed comments strongly opposing a Senate Finance Committee staff draft of legislation that if enacted would specifically target the pulp and paper industry for repeal of a vital tax credit. (Logo: http://www.newscom.com/cgi-bin/prnh/20080131/DC12982LOGO) The tax credit in question gives users a tax credit for the use of the alternative fuel when it is mixed with very small amounts of...

2009-07-06 10:20:37

U.S. pharmaceutical, medical and insurance industries have geared up to influence healthcare reform with help from Washington insiders, company records show. More than 350 lobbyist working the corridors in Washington for various healthcare companies were either elected officials or members of a congressional office, The Washington Post reported Monday. Lobbyists include former members of Congress, such as Richard Armey and Richard Gephardt, both of whom now work for a pharmaceutical firm from...

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2009-06-07 06:40:00

Congress is planning to make sweeping changes in the U.S. healthcare system that would mandate individuals and businesses to purchase health insurance, according to a draft Senate bill. The bill also proposes the creation of a public insurance option to compete with private insurers. The legislation, which seeks to provide health coverage for all Americans, would also prohibit insurance companies from refusing coverage to anyone due to health history, and would outlaw annual or lifetime...

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2009-06-03 12:55:52

According to senators who met with him on Tuesday, President Barack Obama left the door open to taxing health care benefits, something he campaigned hard against while running for president. Senate Finance Committee Chairman Max Baucus raised the issue, during a private meeting with the president and other Democratic senators, later reporting the president's position "Is on the table.  It's an option." Later the White House said that Obama did not want to go that route. "The president...

2009-05-22 16:11:00

WASHINGTON, May 22 /PRNewswire-USNewswire/ -- Helen Darling, President of the National Business Group on Health (NBGH), issued the following statement. NBGH is the national association representing 300 large employers - including 60 of the Fortune 100 - providing health benefits to more than 55 million Americans workers, dependents, and retirees: "Last week we sent out a press release responding to what we believed were some mischaracterizations in the media about the amount of agreement...

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2009-05-21 15:30:00

Senate Finance Committee Chairman Max Baucus (D-MT) said projections of significant increases in medical costs are driving legislators to reach an agreement on a major healthcare overhaul to extend coverage to all Americans. The senator, who played a lead role in crafting the proposed reforms, said he saw a 75 percent to 80 percent chance that legislation will pass the in the Senate with widespread support from both Democrats and Republicans. "I think at the end of the day, every Democrat and...

2009-05-20 15:34:00

WASHINGTON, May 20 /PRNewswire-USNewswire/ -- For the second time in two weeks, the U.S. Senate Finance Committee today invoked rules -- allowing a closed door committee session barring the public, media and with no Congressional Record -- reserved for unusual circumstances, like national security issues and trade secrets. Consumer Watchdog called on the committee to publicly answer ten questions about how its plan to require all Americans to show proof of insurance or face tax penalties...

2009-05-14 16:34:00

Oregon Leader Stresses Jobs and Funding During Candid Conversation WASHINGTON, May 14 /PRNewswire-USNewswire/ -- U.S. Senator Ron Wyden (D-Ore.) first came up with the idea of creating a Build America Bonds program more than four years ago, but the innovative financial solution didn't become a reality until last February, when President Barack Obama signed the American Recovery and Reinvestment Act. "All across the country, municipal authorities are looking at this as a more-effective...

2009-05-14 13:40:00

WASHINGTON, May 14 /PRNewswire-USNewswire/ -- The U.S. Senate Finance Committee, in closed-door health care discussions today, must answer ten questions about how its plan to require all Americans to show proof of insurance or face tax penalties will provide affordable health care, said Consumer Watchdog. Questions listed below. Download Consumer Watchdog's letter to Senator Baucus here: http://www.ConsumerWatchdog.org/resources/BaucusClosedMeeting.pdf In a letter to Senator Baucus...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.