Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Sen Baucus To Retire In 2014
WASHINGTON (4/24/13)--Senate Finance Committee Chairman Max Baucus (D-Mont.) on Tuesday said he will not seek re-election in 2014.

Baucus, who has served in the U.S. Senate since 1978, said "there is important work left to do" in his remaining time in the U.S. Congress. "Our country and [Montana] face enormous challenges--rising debt, a dysfunctional tax code, threats to our outdoor heritage, and the need for more good-paying jobs," he said.

As chair of the Senate's powerful tax-policy committee and leader of the Joint Committee on Taxation, Baucus is one of many currently working on a tax code revamp. Baucus has had many positive things to say about credit unions, Credit Union National Association Senior Vice President of Legislative Affairs Ryan Donovan noted earlier this year.

State-specific issues will also be a priority for the legislator in his remaining year-and-a-half in office. Baucus plans to officially announce his retirement in Helena, Mont. on Friday.


RSS print
News Now LiveWire
3 Atlanta fed judges recuse themselves from Home Depot data breach suits via @AtlBizChron http://t.co/lfPgOXZ7sO
2 hours ago
How may falling gas prices impact the U.S. economy? Find out tomorrow in #NewsNow #Market http://t.co/Q9ec9DGLDN
3 hours ago
News of the comp. for tomorrow: Big bank unveils plans for massive $6.5 billion new headquarters #NewsNow #Market
5 hours ago
Consumer confidence surges to 7-year high #NewsNow #Market http://t.co/fMEENGuWPi
5 hours ago
Charlotte Cash, CEO of @COFCU , is engaging members by producing videos on various subject of financial interest to members.
6 hours ago