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Max Baucus

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  • NEW YORK, Nov 21- The U.S. corporate tax rate should be lowered to encourage competitiveness with rivals around the globe, the chief executive of conglomerate Honeywell said on Thursday, days after a U.S. senator proposed sweeping changes to the tax code.

  • WASHINGTON, Nov 20- The U.S. Senate's top tax writer on Wednesday floated several proposals to make filing taxes simpler, help people protect their identities and strengthen federal tax enforcement.

  • WASHINGTON, Nov 19- Taxation of large U.S. multinational corporations would be dramatically overhauled by a raft of proposals unveiled on Tuesday by the U.S. Senate's top tax writer, though there is broad skepticism that they could become law anytime soon.

  • WASHINGTON, Nov 19- The Obama administration's hopes of securing "fast-track" trade negotiating authority from Congress this year look certain to be dashed given the limited time left on the congressional calendar, the No. 2 House Democrat said on Tuesday.

  • WASHINGTON, Nov 19- Taxation of large U.S. multinational corporations would be dramatically overhauled by a raft of initial proposals unveiled on Tuesday by the U.S. Senate's top tax writer, though there is broad skepticism that they could become law anytime soon.

  • WASHINGTON, Nov 14- President Barack Obama has not been forceful enough in pushing for the "fast-track" negotiating authority he needs to move trade agreements swiftly through Congress, two top lawmakers involved with trade said on Thursday.

  • WASHINGTON, Nov 6- A senior Democratic senator who served as a lead author of President Barack Obama's healthcare law criticized the administration on Wednesday for failing to alert lawmakers to problems that led to the program's troubled rollout.

  • Sebelius to get grilled again over health care law Wednesday, 6 Nov 2013 | 6:57 AM ET
    Health and Human Services Secretary Kathleen Sebelius speaks during the House Energy and Commerce Committee hearing about the troubled launch of the Healthcare.gov website in October 2013.

    Health and Human Services Secretary Kathleen Sebelius is returning to Capitol Hill for a fresh interrogation on the health care law.

  • WASHINGTON, Nov 1- The troubled start of President Barack Obama's signature healthcare law known as Obamacare has administration officials scrambling to address a host of problems, from the unreliability of the website HealthCare.gov to questions about who is responsible for hundreds of thousands of Americans losing their current coverage.

  • WASHINGTON, Oct 31- The Obama administration on Thursday called on Congress to engage it on tax reform, saying plans currently considered by lawmakers "share much in common" with the White House's approach to the issue.

  • U.S. Senate Democrat hopes to convene panel on Obamacare Wednesday, 23 Oct 2013 | 4:21 PM ET

    Democratic Senator Max Baucus hopes to meet with other members of the Senate Finance Committee to discuss ways to examine Obamacare's troubled website, Healthcare.gov, a spokesman said on Wednesday.

  • Boehner: Debt ceiling increase in return for talks Thursday, 10 Oct 2013 | 11:36 AM ET
    Speaker of the House John Boehner (R-OH) speaks with members of the House Republican leadership during a press conference at the U.S. Capitol following a meeting of the House Republican conference October 10, 2013 in Washington, DC.

    Speaker Boehner said that the GOP would offer a temporary increase in the debt ceiling in return for discussions with Obama on the budget and deficit.

  • As shutdown festers, Street weighs Obama's options Thursday, 3 Oct 2013 | 6:50 AM ET

    The prospect of Congress failing to raise the nation’s debt limit has economists and investors exploring options the White House might have.

  • FBI Opens Criminal Probe of US Tax Agency Wednesday, 15 May 2013 | 6:06 AM ET

    U.S. Attorney General Eric Holder said on Tuesday he had ordered the FBI to open a criminal probe in a growing scandal over the Internal Revenue Service's targeting of conservative political groups.

  • Sen. Max Baucus Decides to Retire: Aide Says Tuesday, 23 Apr 2013 | 12:00 PM ET
    Sen. Max Baucus

    Max Baucus, chairman of the powerful Senate Finance Committee, will not seek re-election to a seventh term next year, according to a Democratic aide.

  • Sen. Baucus to Retire     Tuesday, 23 Apr 2013 | 11:14 AM ET

    Sen. Max Baucus, (D-MT) has announced he will not run for re-election in 2014, reports CNBC's Eamon Javers.

  • Timothy Geithner

    Treasury Secretary Timothy Geithner's plans to leave near the end of January put the White House in a tricky spot, depriving the Obama administration of its longest-serving economic adviser for its next fiscal showdown with Congress.

  • Obama signs trade, human rights bill that angers Moscow Saturday, 15 Dec 2012 | 9:33 AM ET

    President Obama on Friday signed a bill that brings U.S. trade relations with Russia into the 21st century but also ushers in a testy era in which the United States could publicly "name and shame" Russian human rights violators.

  • FACTBOX-20 key players in U.S. 'fiscal cliff' drama Friday, 2 Nov 2012 | 10:59 AM ET

    WASHINGTON, Nov 2- After the Nov. 6 elections, urgent tax and spending issues must be addressed, forcing Washington's power players to make some tough decisions before the end of the year. Regardless of who wins the Nov. 6 presidential election, Obama will be in the White House during the final months of 2012 when the ``fiscal cliff'' must be dealt with.

  • WASHINGTON, Oct 31- A U.S. free trade agreement with Panama went into force on Wednesday, five years after it was originally negotiated, opening the way for increased U.S. exports as the Central American country continues its canal expansion project.

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