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The United States Senate Committee on Finance

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Health Reform: $800 Billion in Tax Cuts
A New Tax Code for a New Era
Putting America Back to Work
About the Finance Committee Leadership

Health Reform: $800 Billion in Tax Cuts

The Affordable Care Act provides individuals, families, and small businesses with more than $800 billion in tax cuts to help make health care more affordable.  It’s a net tax decrease of $588 billion for middle-class families.  In addition, the law reduces the deficit by more than a trillion dollars in the coming decades. 

Learn more about the tax cuts in the Affordable Care Act  »

A New Tax Code for a New Era

Chairman Baucus has led the way on comprehensive tax reform. He sees the four goals at the center of his effort – job creation, competitiveness, innovation, and opportunity – as the keys to cementing America's lead in the 21st century global economy. Baucus laid out his vision for tax reform in a keynote address at the Bipartisan Policy Center, asserting that tax reform can produce results: “jobs through broad-based growth; a tax code that puts America and our businesses in the best position to compete in the global economy; more home-grown innovation; and opportunity so all our citizens have a chance at the American dream.”

Read Chairman Baucus' full speech on tax reform  »

Putting America Back to Work

Chairman Baucus is working on several fronts to create jobs and put people back to work.  Enacting the free trade agreements with South Korea, Colombia and Panama will create jobs and open new markets to American ranchers, farmers and businesses, and renewing Trade Adjustment Assistance in tandem with those agreements will guarantee that U.S. workers have the resources they need to prosper in the global economy.  A simpler, fairer tax code will create certainty for businesses and families and help them make wise, job-creating investments.  And a smart, balanced deficit reduction package will stabilize the American economy and promote long-term growth.

Learn more about Chairman Baucus’s work to create jobs  »

About the Finance Committee Leadership

The Senate Finance Committee is led by Chairman Max Baucus (D-Mont.) and Ranking Member Orrin G. Hatch (R-Utah).  Senators Baucus and Hatch have served together on the committee since 1991.  The Finance leaders pride themselves on working together to create meaningful legislation that can garner broad support in the Senate.  They have worked together on bills in all areas of the Committee’s jurisdiction from tax and health issues to trade and Social Security.  

Learn More about the Committee  »

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Recent News

Chairman More News »

12/11 Baucus Urges Confirmation of Tax Court Nominations
12/11 Baucus Statement in Support of Tax Court Nominations
12/06 Baucus Leads Senate Passage of Bill Boosting U.S. Exports to Russia
12/06 Floor Statement of Senator Max Baucus in Advance of the Senate Vote on Establishing Permanent Normal Trade Relations with Russia

Ranking Member More News »

12/11 Hatch Statement at Senate Finance Committee Hearing Considering the Nominations of Ronald Buch & Albert Lauber
12/10 Hatch Outlines Impact of End of Year Death Tax Hike on Farmers, Small Businesses
12/07 Hatch, Camp Statement on White House “Bullying” Charitable Community in Pursuit of Tax Hikes
12/06 Hatch Hails Senate Passage of Bipartisan Trade Bill to Boost American Exports; Create Jobs

Calendar

All Hearings »
All Open Executive Sessions »

December 13, 2012

Improving Care for Dually-Eligible Beneficiaries: A Progress Update


December 12, 2012

Tax Reform and Federal Energy Policy: Incentives to Promote Energy Efficiency


December 11, 2012

Hearing to consider the Nominations of Albert F. Lauber and Ronald Lee Buch


September 20, 2012

Tax Reform and the Tax Treatment of Capital Gains


August 08, 2012

Healing in Indian Country: Ensuring Access to Quality Health Care


August 02, 2012

Open Executive Session to Consider The Family and Business Tax Cut Certainty Act of 2012

Leadership

Chairman Max Baucus

Chairman Max Baucus

(D-Mont.)

 

Ranking Member Orrin Hatch

Ranking Member Orrin G. Hatch

(R-Utah)

Senate Committee on Finance | 219 Dirksen Senate Office Building | Washington, DC 20510-6200

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