Politics Orrin Hatch

More

  • Obama health care law posts respectable sign-up season Thursday, 4 Feb 2016 | 3:12 PM ET

    WASHINGTON— Still facing political jeopardy, President Barack Obama's health care law beat expectations by earning solid sign-ups this year, according to figures released Thursday by the administration. "It's not the unequivocal success that Obamacare advocates had hoped for, but also not the disaster that critics thought could make it a talking point on...

  • Feb 1- Puerto Rico is to release a draft of its unaudited 2014 financial statements in the next few days, Public Affairs Secretary Jesus Manuel Ortiz told reporters on Monday.

  • UPDATE 1-U.S. Senate starts debate on broad energy bill Wednesday, 27 Jan 2016 | 3:53 PM ET

    Alaska Senator Lisa Murkowski, Republican chair of the Senate energy committee and Washington Senator Maria Cantwell, its ranking Democrat, urged lawmakers not to thwart passage of the bipartisan bill, which cleared their panel in an 18-4 vote. Aides said Democratic Senators Gary Peters and Debbie Stabenow of Michigan plan to offer amendments laying out a...

  • SAN JUAN, Jan 27- U.S. Senate Democrats, in a letter to Majority Leader Mitch McConnell, on Wednesday called for congressional action on Puerto Rico, demanding that legislation to resolve the island's financial crisis include tools to restructure debt. Republican Senators Orrin Hatch of Utah, Lisa Murkowski of Alaska and Chuck Grassley of Iowa last month...

  • SAN JUAN, Jan 27- U.S. Senate Democrats, in a letter to Majority Leader Mitch McConnell, on Wednesday called for congressional action on Puerto Rico, demanding that legislation to resolve the island's financial crisis include tools to restructure debt. Republican Senators Orrin Hatch of Utah, Lisa Murkowski of Alaska and Chuck Grassley of Iowa last month...

  • NEW YORK, Jan 13- Puerto Rico's long-awaited audited 2014 fiscal statements are close to release and should be ready by the end of January or the beginning of February, an official said on Wednesday. The U.S. territory is far behind on filing its audited statements and in September was criticized by powerful Senate Finance Committee Chairman Orrin Hatch, a...

  • WASHINGTON, Dec 15- U.S. lawmakers are considering helping Puerto Rico with its debt crisis at least until February, as part of negotiations over a $1.15 trillion bill to keep the U.S. government funded, Senate Finance Committee Chairman Orrin Hatch said on Tuesday. "I think we have to address it to get at least through to next February, and then in the intervening...

  • U.S. SENATE FINANCE CHAIRMAN ORRIN HATCH SAYS LAWMAKERS CONSIDERING LEGISLATION TO HELP PUERTO RICO WITH ITS DEBT CRISIS AT LEAST UNTIL FEBRUARY.

  • Lifting the 40- year ban on oil exports is the top priority in a $1.15 trillion spending bill for many Republicans, including Senate Majority Leader Mitch McConnell of Kentucky, because it would offer new markets to drillers suffering from a glut of crude that has helped reduce oil prices to below $40 a barrel. Hatch was unable to guarantee that Congress will be...

  • Senate introduces bill for Puerto Rico relief Thursday, 10 Dec 2015 | 10:23 AM ET
    Senate Judiciary Committee Chairman Sen. Chuck Grassley, R-Iowa, center, with Senate Judiciary Committee members Orrin G. Hatch, R-Utah, left, and Sen Richard Blumenthal, D-Conn., right, at a hearing on Puerto Rico's fiscal problems.

    No bailout or bankruptcy court included. The New York Times reports.

  • The legislation, agreed by lawmakers from both political parties and both houses of Congress, stops short of the sanctions for currency cheating which some lawmakers had demanded. It did not pass because of differences between the Senate and House of Representatives versions. Senator Ron Wyden, the top Democrat on the Senate committee responsible for trade,...

  • Senate Republicans introduce Puerto Rico bill Wednesday, 9 Dec 2015 | 5:26 PM ET

    NEW YORK, Dec 9- Three Republican Senators on Wednesday introduced a bill to address Puerto Rico's debt crisis, proposing tax relief for workers and financial oversight to help the island gain financial and economic stability, according to a statement from Utah Republican Orrin Hatch's office. Hatch, who chairs the Senate Finance Committee, introduced the...

  • The legislation, agreed by lawmakers from both political parties and both houses of Congress, stops short of the sanctions for currency cheating which some lawmakers had demanded. It did not pass because of differences between the Senate and House of Representatives versions. Senator Ron Wyden, the top Democrat on the Senate committee responsible for trade,...

  • Puerto Rico, wrestling with $72 billion of debt and a faltering economy, defaulted on part of its debt in August and is trying to restructure its borrowings. Democrats in Congress have pushed for Puerto Rico to be allowed access to U.S. bankruptcy laws to solve its fiscal crisis, however, Republicans have been skeptical and have argued for oversight.

  • Democrats said on Tuesday they are making a push to help Puerto Rico reorganize its hefty debt load as part of a large spending bill now being negotiated in Congress. An existing bill to extend bankruptcy protections to Puerto Rico has made little headway in Congress so far; neither has a proposal to improve the island's federal healthcare funding.

  • NEW YORK/ WASHINGTON, Nov 18- Pfizer Inc's talks to acquire Allergan Plc in a $150 billion deal that would see the U.S. drug giant redomicile in Ireland accelerated on Wednesday, as the U.S. Pfizer is negotiating a price of $370 to $380 for each Allergan share, a person familiar with the discussions said, asking not to be identified because the talks are confidential.

  • WASHINGTON, Nov 17- A 12- nation Pacific Rim free-trade deal, facing stiff opposition from many Democrats and unexpected resistance from Republicans, is unlikely to be voted on by the U.S. Congress before President Barack Obama leaves office, according to some Republican lawmakers and aides. "Nobody wants to do it in the lame duck either so it will probably carry...

  • "Nobody wants to do it in the lame duck either so it will probably carry over," Hatch said referring to the end-year session of Congress that occurs after the November elections but before the new Congress and president are sworn in. Hatch previously had said it would be difficult to bring TPP to a vote in Congress during the 2016 election year.

  • WASHINGTON/ TOKYO, Nov 10- Japan and the Obama administration on Tuesday rejected calls from some U.S. lawmakers to consider re-opening a Pacific trade deal and said any renegotiation attempt could scupper the whole pact. "Renegotiation is not an option," Caroline Atkinson, Obama's deputy national security adviser for international economics, said on a call...

  • WASHINGTON, Nov 6- A key U.S. senator said on Friday the Obama administration may have to renegotiate parts of a Pacific trade pact, heralding a tough battle to win support in Congress. But U.S. Senate Finance Committee Chairman Orrin Hatch, a Republican whose support will be crucial to passing the deal, said that although he reserved judgment on the fine print,...