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Orrin Hatch

  • WASHINGTON, July 10- The top Democratic and Republican tax writers in the U.S. Senate announced on Thursday a $10.8 billion plan to extend federal funding for transportation projects into the summer of 2015, roughly matching legislation moving through the House of Representatives.

  • House, Senate committees advance highway aid plans Thursday, 10 Jul 2014 | 12:15 PM ET

    Dave Camp, R- Mich., that cobbles together $11 billion in pension tax changes, customs fees and money from a fund to repair leaking underground fuel storage tanks to shore up the federal Highway Trust Fund through May 2015. In the Senate, the Finance Committee, also on a voice vote, approved a compromise worked out between the committee's chairman, Sen.

  • During a hearing of the Senate Finance Committee, the panel's Democratic chairman and its ranking Republican member described Nathan Sheets as well qualified to be the Treasury's under secretary for international affairs.

  • Hammering away at the White House and the IRS over the 2013 affair, a handful of Republicans accused the Obama administration of obstructing congressional probes and renewed calls for the naming of an independent prosecutor. The IRS had no immediate comment.

  • WASHINGTON, June 16- The threat of U.S. tax revenue losses from Medtronic Inc's plan to buy rival Covidien Plc and move its base to Ireland is stoking concerns from lawmakers and the Obama administration about corporate tax "inversion" deals.

  • WASHINGTON, June 5- The U.S. Senate on Thursday confirmed Sylvia Mathews Burwell as President Barack Obama's new health secretary, making her chiefly responsible for implementing the controversial healthcare law known as Obamacare.

  • WASHINGTON, May 1- A senior Democratic U.S. senator said on Thursday he would take the time needed to put together a bill granting the White House power to fast-track trade agreements while Republicans called for swift action.

  • WASHINGTON, April 30- The United States has resisted lobbying by U.S. drug and pharmaceutical companies to take tougher trade action against India for its intellectual property policies, deciding against risking ties with a likely new government in New Delhi.

  • WASHINGTON, April 30- The United States named China and India on a watch list for countries that aren't doing enough to fight intellectual-property crimes, warning of trade-secret theft in China and the proliferation of generic drugs and counterfeiting in India.

  • WASHINGTON, April 10- More than 7.5 million people are expected to sign up for private health coverage this year under President Barack Obama's healthcare law, the top U.S. health official said on Thursday.

  • The Centers for Medicare and Medicaid Services said that on average, reimbursement for such Medicare Advantage plans in 2015 would rise 0.4 percent, reversing what is said was a 1.9 percent average reduction proposed in February.

  • WASHINGTON, April 3- The U.S. Senate's tax committee approved a package of special-interest tax breaks on Thursday, including three measures that were left off the list two days ago in a brief bipartisan nod toward fiscal reform.

  • WASHINGTON, April 3- A tax break used by big companies to avoid U.S. corporate income tax on capital transfers between offshore units, known as the look-through rule, has been added back to a package of temporary tax measures under consideration in Congress.

  • In the Senate, the new chairman of the tax-writing Finance Committee unveiled legislation that would modestly trim the list of about 55 laws known as the "tax extenders" because they expire every year or two and need to be regularly extended.

  • In the Senate, the new chairman of the tax-writing Finance Committee unveiled legislation that would modestly trim the list of about 55 laws known as the "tax extenders" because they expire every year or two and need to be regularly extended.

  • Feb 21- The U.S. government on Friday proposed a cut in payments to private health insurers for 2015 Medicare Advantage plans, a move Republican lawmakers said would hurt benefits for the elderly and disabled.

  • Orrin Hatch, the senior Republican on the Senate Finance Committee, criticized IRS Commissioner John Koskinen for reinstating 2013 performance bonuses for IRS workers. "It's hard to think of a group of people less deserving of bonuses than IRS employees," Hatch said in a statement.

  • President Barack Obama' s nod to trade in his annual State of the Union address reflects a delicate political dance and leaves the hard work still ahead in convincing a skeptical Congress to get behind free trade deals.

  • WASHINGTON, Jan 27- Three prominent Republican senators on Monday called for replacing Obamacare with a package of election-year proposals intended to lower health insurance costs while retaining some elements of President Barack Obama's health reform law.

  • WASHINGTON, Jan 16- The White House will have to step up efforts to build congressional support if it wants to win fast-track authority to enact free trade pacts, a senior Republican lawmaker said on Thursday.