A group of 11 Senate Democrats, including five seeking re-election this year, urged President Barack Obama to approve the Keystone XL pipeline by May 31.
U.S. senators voted to revive more than 50 lapsed tax breaks, working across party lines to back a measure that benefits wind energy, multinational corporations and motor sports tracks.
The U.S. Senate Finance Committee voted to revive almost all of the 55 tax breaks that expired Dec. 31, providing benefits for wind energy, U.S.-based multinational corporations and motor sports track owners.
Senators are heading toward reviving almost all of the 55 tax breaks that expired Dec. 31, providing benefits for wind energy, U.S.-based multinational corporations and motor sports track owners.
Republican Representative Dave Camp, who has pursued the most significant revision of the U.S. tax system since 1986, won’t seek re-election to Congress this year.
Representative Dave Camp, the Republican chairman of the House Ways and Means Committee, won’t seek re-election this year, he said in a statement today.
Dozens of tax breaks that lapsed Dec. 31 would be revived in a plan to be presented soon by the new chairman of the U.S. Senate Finance Committee.
The U.S. Senate Finance Committee probably will vote during the week of March 31 to revive dozens of tax breaks that expired Dec. 31, said a Democratic aide to the panel.
A Senate committee approved Senator Max Baucus’s nomination to become U.S. ambassador to China, meaning the Finance Committee chairman is one step closer to filling a high-profile overseas post.
Montana’s governor chose his lieutenant governor as the U.S. Senate successor to Max Baucus, whose confirmation as ambassador to China is setting off a series of political changes.
"The United States-China relationship I believe is one of the most important bilateral relationships in the world."
- Max Baucus on Feb 07, 2014