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Orrin Hatch

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  • But Republicans who control of both houses of Congress are in no mood to raise taxes on anyone and were quick to pan Obama's proposal. "This plan that we'll hear about tonight appears to be more about redistribution, with added complexity, and class warfare, directed at job-creating small businesses, than about tax reform," said Republican Senator Orrin Hatch, the...

  • WASHINGTON, Jan 20- The Senate's top tax law writer accused President Barack Obama on Tuesday of undertaking "class warfare" with his plan to raise taxes on wealthier Americans to help the middle class. Republican Senator Orrin Hatch, chairman of the Senate Finance Committee, said the proposals Obama is expected to set out in his State of the Union address on...

  • Obama tax proposals run into Republican criticism Sunday, 18 Jan 2015 | 12:10 PM ET

    With the start of a new Congress this month under Republican control, lawmakers have been discussing tax reform. However, with Congress deeply divided on fiscal policy, Obama's latest tax plan is likely to hit strong opposition. "The president needs to stop listening to his liberal allies who want to raise taxes at all costs and start working with Congress to fix...

  • WASHINGTON, Jan 13- Republican and Democratic senators introduced legislation on Tuesday that would make it easier for high-tech firms in the United States to hire more foreign specialists in science, technology and engineering. A bill by Senate Finance Committee Chairman Orrin Hatch of Utah, which is home to some of the companies that would benefit, would...

  • WASHINGTON, Jan 13- Republican and Democratic senators introduced legislation on Tuesday that would make it easier for high-tech firms in the United States to hire more foreign specialists in science, technology and engineering. A bill by Senate Finance Committee Chairman Orrin Hatch of Utah, which is home to some of the companies that would benefit, would...

  • U.S. gasoline tax hike talk increases in Congress Thursday, 8 Jan 2015 | 4:25 PM ET

    WASHINGTON, Jan 8- The possibility of a gasoline tax increase to help pay for federal highway improvements was attracting increased attention in the U.S. Congress as a prominent conservative Republican on Thursday said he was willing to consider the move. Senator Orrin Hatch, the new chairman of the Senate Finance Committee that oversees tax measures, told...

  • President Barack Obama on Wednesday committed to urge lawmakers to back a bill giving trade deals a fast track through Congress, an effort some think could break a logjam on the issue and help secure major agreements under negotiation. A bill to give the Obama administration so-called fast-track power, which would allow only yes-or-no votes on trade deals in...

  • The Obama administration also weighed in, with Treasury Secretary Jacob Lew meeting with congressional Democrats and saying in a statement that the White House was "open to supporting shorter-term alternatives" on the extenders. At a cost of tens of billions of dollars to taxpayers, the 55- item extenders package also includes some very narrow measures, such...

  • WASHINGTON, Nov 12- Republicans in the U.S. Congress will soon move to kill a medical device tax imposed less than two years ago under President Barack Obama's healthcare law, congressional aides and analysts said on Wednesday. Though no full-scale repeal of Obamacare is expected, even with the Senate now under Republican control, the move against the tax is part...

  • WASHINGTON, Nov 12 Reuters)- U.S. businesses and industry groups urged Congress on Wednesday to give the White House authority to fast-track trade deals before the end of the year, saying it was a critical tool to complete major trade deals. It was signed by companies including Apple Inc, Boeing Co, Exxon Mobil Corp, FedEx Corp, General Electric Co, Pfizer Inc and...

  • Republican knives out for Obama's medical devices tax Wednesday, 12 Nov 2014 | 5:25 PM ET

    Last week's elections will elevate Republican Senator Orrin Hatch, a long-standing opponent of the tax, to the chairmanship of the tax-writing finance committee in the Senate. Though no full-scale repeal of Obamacare is expected, even with the Senate under Republican control, the move against the device tax is part of efforts to chip away at the law.

  • "It's a win-win trade agreement that will benefit information and communications technology manufacturers and services firms across the Americas, Europe, and Asia, while also benefiting all consumers globally and raising global GDP by as much as $190 billion annually," he said by email. The move was also welcomed by network equipment maker Cisco Systems, the...

  • WASHINGTON, Nov 5- Staffers at the National Association of Manufacturers traded high-fives inside the group's election war room Tuesday night, as pro-business lobbying groups enthusiastically greeted Republicans' victory in retaking control of the Senate. Resurgent Republicans, who solidified their House of Representative majority as well as seizing...

  • With opinion polls showing the odds for Senate control increasingly in their favor, Republicans are exploring a series of efforts to repeal some of Obamacare's taxes and penalties on businesses. Senate Republican Leader Mitch McConnell came under fire from conservatives critics last week after saying the party was unlikely to have the 60 Senate votes, out...

  • WASHINGTON, Sept 17- The U.S. Senate's top Democratic and Republican tax law writers on Wednesday both urged colleagues to renew a set of expired federal tax breaks, many of which support renewable energy. "We are optimistic that Congress will pass tax extenders," said David Ward, spokesman for the American Wind Energy Association.

  • WASHINGTON, Sept 16- The U.S. Senate's top Democratic tax-writer said on Tuesday he is considering linking legislation to curb foreign corporate buyout deals known as inversions with separate efforts to renew expired tax breaks that businesses want extended.

  • Senator Orrin Hatch, the top Republican on the tax-writing Finance Committee, said billionaire investor Warren Buffett called him recently to find out what Congress might do about companies that move abroad for tax purposes.

  • 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.

  • 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.

  • Treasury Nominee Lew Denies Conflict of Interest Wednesday, 13 Feb 2013 | 3:38 PM ET
    Jack Lew speaks during his confirmation hearing.

    The top Republican lawmaker vetting Jack Lew to serve as Treasury secretary zeroed on his work at Citigroup as a possible conflict of interest.