Max Baucus

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Top Dem Dogs Ready to Retool Obama's Budget
Top Dem Dogs Ready to Retool Obama's Budget
ANALYSIS
Mar 10, 2009 10:00 AM CDT

Top Dem Dogs Ready to Retool Obama's Budget

Prez lets lawmakers take the lead—and they have their own ideas

(Newser) - To clear Congress, President Obama’s budget is going to have to survive committee turf wars and parochial interests—and that’s just the Democrats. The New York Times reports that key committee chairmen in the House and Senate have ideas of their own on health care, energy, and taxes....

Daschle Defeat Can't Delay Health Reform
Daschle Defeat Can't Delay Health Reform
ANALYSIS
Feb 6, 2009 11:53 AM CST

Daschle Defeat Can't Delay Health Reform

Because of recession, even more people need help now

(Newser) - It’s a pity Tom Daschle couldn’t stick around, notes the Economist, because his experience would be useful in navigating health reform through Senate straits. The recession is depriving more of care, and though President Obama’s short-term moves are good, a big fix is needed. Absent Daschle, “...

Next Stab at Health Reform Looks More Promising

Industry claims to be ready to compromise

(Newser) - If health care reform passes this time, a major factor will be that its erstwhile enemies are now rooting for it, the Wall Street Journal reports. An industry roadblock killed the Clinton administration’s attempt in the early 1990s, but this time, insurers are playing ball. “You see a...

Senate Dem Unveils Broad Health Reform

Baucus proposal would guarantee insurance for all citizens

(Newser) - Barack Obama made health care reform a key plank of his campaign, but even before he's been inaugurated Congressional Democrats are introducing legislation to transform the system. Leading the charge is Max Baucus, the Montana senator who leads the finance committee. His plan, which he'll introduce today, guarantees health insurance...

Unlikely GOP Candidate Runs for Montana Senate Seat

85-year-old wants a British-style parliament

(Newser) - Montana senator Max Baucus looks certain to win reelection this November, writes the New York Times, but his Republican challenger is gaining some attention for his unorthodox proposals. Bob Kelleher, 85, wants to nationalize oil companies, end the Iraq war to fund cancer research—and, most shockingly, eliminate the separation...

Global Trade Talks Collapse
 Global Trade Talks Collapse
Jul 30, 2008 4:32 AM CDT

Global Trade Talks Collapse

Breakdown halts seven years of progress to hammer out deal

(Newser) - World Trade Organization talks to forge a new global trade pact collapsed yesterday after seven years of negotiations. An EU spokesman called the breakdown a "massive blow to the confidence in the global economy." The talks fell apart as China and India demanded the authortity to impose "...

2 Probes Launched Into Bear Stearns Deal

Two Senate panels to investigate takeover

(Newser) - The controversial acquisition of Bear Stearns by rival JP Morgan Chase, aided by billions of dollars of government credit, is about to become one of the most scrutinized deals in Wall Street history. Two separate Senate investigations will soon be under way, one by the Banking Committee and another by...

Senate Pitches Rival Stimulus Package

Larger rebates, more benefits still to come

(Newser) - The Senate has unveiled its own economic stimulus package, challenging the plan agreed to between House leaders and the White House. The Senate plan would give $500 to almost all Americans, rich and poor, and would extend unemployment benefits to the jobless, reports the Washington Post. Senators are also likely...

Senate Blocks Tax Hikes
Senate Blocks Tax Hikes
Dec 7, 2007 2:50 AM CST

Senate Blocks Tax Hikes

Fix shields millions from alternative minimum tax

(Newser) - The Senate has voted overwhelmingly to shield 23 million Americans from tax increases imposed by the alternative minimum tax—without replacing $50 billion in lost revenue. The vote to extend protection from the tax represents a retreat for Democrats who had pledged to meet the shortfall with spending cuts or...

Kids' Health Care Bill Heads for 2nd Veto

Senate passes revised S-CHIP, but Bush says it won't pass muster

(Newser) - The Senate yesterday passed a revised S-CHIP bill that would provide health insurance for 10 million underprivileged children, CNN reports, but President Bush has vowed a second veto because it raises tobacco taxes. The bill passed 64-30, with high-profile Republicans such as Charles Grassley joining the majority.

Blackstone Pushes to Delay Tax Increase Bill

If measure won't die, buyout giant wants 10-year grace period

(Newser) - If Blackstone and other buyout firms can't kill a proposed bill that would increase their taxes, they'll try for a 10-year delay in enacting it. Under pressure from lobbyists, lawmakers are discussing doubling the proposed 5-year grace period, Bloomberg reports. The legislation, introduced before Blackstone went public in June, has...

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