UPDATES

Snowe: House Bill Not Within American Mainstream

November 05, 2009 — In Case You Missed It...

It's safe to say Sen. Olympia Snowe (R-Maine), the only Republican who appears to be entertaining support for the Democratic health reform bills, is no fan of the House legislation."I do not know what world they live in," Snowe said in an interview. "But all I know is it is  totally detached from the average person, the average business owner who is struggling ...

Opening Statement: Hearing on Foreign Bank Account Reporting and Tax Compliance

November 05, 2009 — Opening Statements

(Remarks as Prepared)Thank you, Mr. Chairman.Earlier this year this Subcommittee met to examine issues surrounding banking secrecy and illegal tax evasion.  At that hearing, we all agreed that criminal tax evasion should be Aggressively pursued and punished.  I also said that I hoped our efforts in this area would remain ...

Health bills too timid on cutting costs, experts say

November 04, 2009 — In Case You Missed It...

Democrats in Congress are embracing the spirit of President Obama's call to slow the runaway rise of health-care costs but are shying away from some of the most aggressive techniques for achieving that.Instead of revolutionizing how care is delivered and paid for, experts say, the legislation being shaped takes a cautious approach to reining in ...