Quantcast

Latest United States Senate Committee on Finance Stories

2006-03-03 15:07:33

By Susan Cornwell WASHINGTON (Reuters) - The U.S. Senate ended weeks of bickering over how many members of each party could participate in talks with the House on pension legislation, after a former Republican leader proposed a compromise and Democrats cried: "Deal!" The agreed ratio of nine Republicans and seven Democrats was announced Friday afternoon by a tired-looking Senate Majority Leader Bill Frist, a Tennessee Republican, who earlier in the day had lamented that feuding...

2006-02-16 17:49:59

By Doug Palmer WASHINGTON (Reuters) - A leading U.S. senator said on Thursday he was crafting a bipartisan bill aimed at ensuring that China lives up to its international trade commitments. "I've grown increasingly frustrated with the lack of progress on China's currency, so that's one area I'm looking into," Senate Finance Committee Chairman Charles Grassley said at a hearing on the 2006 U.S. trade agenda. Many members of Congress are upset with Beijing's rigid currency policy,...

2006-02-03 18:41:38

By Doug Palmer WASHINGTON (Reuters) - Senate Finance Committee Chairman Charles Grassley could offer legislation this year to address growing trade concerns with China, an aide to the senator said on Friday. "At this time, Sen. Grassley is evaluating ... constructive proposals to enhance our trade relations with China," the Grassley aide said. Grassley, whose committee has jurisdiction over trade issues, played a key role last year in blocking a Senate bill threatening China with...

2006-01-11 19:59:34

WASHINGTON (Reuters) - U.S. Senate investigators interviewed two former executives of pharmaceutical testing company SFBC International Inc. on Wednesday as part of a probe into allegations of unethical treatment of human test subjects, the head of the Senate Finance Committee said. Sen. Charles Grassley said his staff interviewed Lisa Krinsky, who recently resigned as SFBC's president and chairman, and Gerald Seifer, the company's former legal affairs director. Both appeared...

2006-01-10 04:40:00

By Chris Buckley BEIJING -- China's currency exchange controls and trade surplus are fanning so much ire in Washington that Congress may pass legislation threatening to punish Beijing, a U.S. senator said on Tuesday. Max Baucus, the top-ranking Democrat on the Senate Finance Committee which oversees trade policy, said he favors trade with China and opposes legislation targeting China's currency exchange rules. But the ballooning U.S. trade deficit with China may encourage many lawmakers to...

2006-01-06 18:22:08

WASHINGTON (Reuters) - A top Republican lawmaker called for an investigation into Medicare travel expenses on Friday after documents showed some employees attended conferences hosted by contractors at a Florida resort. Medicare officials said they were taking the concerns seriously, but that the conferences were not very expensive because they were held in June during the state's off-peak season. Senate Finance Committee Chairman Sen. Charles Grassley, whose committee oversees the...

2005-11-18 09:57:33

By Doug Palmer WASHINGTON (Reuters) - The U.S. House of Representatives voted early on Friday to kill a 5-year-old trade program that has paid U.S. companies more than $1 billion and been declared illegal by the World Trade Organization. The House voted to repeal the Continued Dumping and Subsidy Offset Act as part of a broader package of budget cuts intended to save $49.9 billion over five years. The program takes duties collected on imports the U.S. government has determined are...

2005-11-08 14:20:00

By Donna Smith WASHINGTON -- President George W. Bush's failure to win support for individual Social Security investment accounts means the U.S. Congress is unlikely to address the retirement program's long-term financial problems before 2009, a senior senator said on Tuesday. Charles Grassley, the chairman of the Senate Finance Committee, told a business group he is unable to win agreement for a Social Security overhaul even among his fellow Republicans on the tax writing panel....

2005-10-25 18:12:04

By Donna Smith WASHINGTON (Reuters) - The Senate Finance Committee on Tuesday approved $10 billion in Medicaid and Medicare savings as part of a broader effort by congressional Republicans to trim spending and approve additional tax cuts. Senate Finance Committee Chairman Charles Grassley, an Iowa Republican, said the bill's savings would affect the health industry and not beneficiaries. The bill, approved by an 11-9 party line vote, would improve health care access for children and...

2005-10-24 18:54:00

WASHINGTON (Reuters) - A U.S. House of Representatives committee will vote this week on legislation repealing a 5-year-old trade law that has paid U.S. companies more than $1 billion and been declared illegal by the World Trade Organization, congressional aides said on Monday. The law distributes duties the U.S. government collects on imports it says are subsidized or unfairly priced to competing companies within the United States. That money used to go into the general treasury...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.