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Topic - United States Senate Committee On Finance

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  • ** FILE ** Virginia Gov. Bob McDonnell (Barbara L. Salisbury/The Washington Times)

    McDonnell's agenda takes hit in Senate

    Gov. Bob McDonnell's 2012 transportation agenda took a major stumble Wednesday as several of his top priorities were stripped from a Senate omnibus bill, which also includes a measure to index the state's gasoline tax to inflation that his office has not openly embraced.

  • Thomas M. "Mac" Middleton, chairman of the Maryland Senate Finance Committee, said Gov. Martin O'Malley's wind-energy bill could be amended for utilities to shoulder more of the potential costs. (Barbara L. Salisbury/The Washington Times)

    Feds give boost to O'Malley's wind-energy plan

    Maryland Gov. Martin O'Malley's quest for offshore wind energy got a boost Thursday from the Obama administration, but state lawmakers still have concerns about its cost and whether there is corporate demand and congressional support for the technology.

  • Inside Politics

    Utah Sen. Orrin G. Hatch, 77, reported Tuesday that his campaign raised $1.5 million in the final quarter of 2011, another sign that he has no intention of following former Sen. Bob Bennett into forced retirement.

  • "Washington, D.C., is broken and some of our own Republican lawmakers share in the blame," Dan Liljenquist (left) said Wednesday in announcing that he will challenge six-term Sen. Orrin G. Hatch in Utah's Republican primary. (Associated Press)

    Veteran Hatch gets challenger

    For all the talk of Sen. Orrin G. Hatch's political vulnerability, the veteran Utah Republican had managed to deflect all serious challengers until Wednesday, when state Sen. Dan Liljenquist entered the primary race.

  • Illustration by Greg Groesch for The Washington Times

    SMITH: The Grinch who wants to steal the charitable deduction

    In 1957, Dr. Seuss published his classic children's book "How the Grinch Stole Christmas," telling the story of a selfish character who seeks to steal Christmas. A generation later, we face a new Grinch seeking to eliminate the charitable deduction, pejoratively labeling it a tax loophole.

  • Supercommittee member Sen. John Kerry, Massachusetts Democrat, gestures Nov. 21, 2011, during a TV interview on Capitol Hill about the deficit reducing panel's unfinished work. (Associated Press)

    Panel set to fail to cut deficit $1.2 trillion

    The imminent collapse of a special deficit-reduction supercommittee on Monday promises to set off yet another round of the Washington blame game as the panel officially admits failure in its quest to sop up at least $1.2 trillion in government red ink over the coming decade.

  • Virginia faces potential budget shortfall of $1 billion

    Though Virginia has finished two consecutive years in the black, the state faces a potential budget gap of $600 million to $1 billion over the next two years, the Senate Finance Committee learned Thursday.

  • "For me, I'm going to be doing the same things I did the last two years I did the first two, which is talking about jobs, economic development, government reform, energy, transportation, higher ed, K-12 - that'll be my focus." - Virginia Gov. Bob McDonnell

    Democrats hear stirrings from a 'dead' Old Virginny

    On Tuesday, Virginia Republicans have the opportunity to regain unfettered control in Richmond for the first time in a decade — and only the second time since the Civil War.

  • Illustration: CLASS Act by Linas Garsys for The Washington Times

    WOLF: CLASS-less Democrats

    Class, for lack of a better comparison, is like bladder control: You either have it or you don't. When it comes to forcing Obamacare upon America with dishonest gimmicks, the Democrats have no class. A major portion of Obamacare just collapsed under its own weight, and Democrats are forced to admit that Republicans were right about it all along.

  • Rep. Barney Frank, Massachusetts Democrat, says tax increases must be part of the federal deficit-reduction panel's plan in order to avoid "devastating cuts." (Associated Press)

    Debt-cuts panel gets conflicting Hill input

    The congressional "supercommittee" — the bipartisan group of 12 House and Senate members tasked with finding ways to slash the federal debt — has been flooded with often conflicting suggestions from colleagues eager to tell the panel how to do its job.

  • Sen. Orrin Hatch, Utah Republican (AP)

    Hatch cites impact on charities if tax write-off is cut

    President Obama's recent proposal to limit tax deductions for wealthy donors got an uncharitable welcome at a congressional hearing Tuesday.

  • A protester is removed Tuesday from the Senate Finance Committee's markup of trade agreements with South Korea, Colombia and Panama on Capitol Hill. Congress is expected to pass the pacts Wednesday. (Rod Lamkey Jr./The Washington Times)

    Senate panel clears hurdle for three trade pacts

    A Senate panel on Tuesday cleared a major hurdle toward passing three long-delayed trade agreements that supporters say could create thousands of jobs and boost U.S. exports.

  • People assess the damage Friday, Sept. 9, 2011, after heavy rainfall on Thursday knocked out Mattox Avenue, opening up Placid Lake into Burnt House Cove in Oak Grove, Va., due to the effects of the remnants of Tropical Storm Lee. (AP Photo/The Free Lance-Star, Dave Ellis)

    Flooding, quake damage in Virginia to exceed $100M

    An earthquake, a hurricane, storms and flooding have caused more than $100 million in damage to Virginia state and local facilities in the past month, with some damages in Northern Virginia still to be calculated.

  • Senate passes worker aid bill tied to delayed trade deals

    The Senate on Thursday took a big step toward passing three long-delayed trade agreements, approving a controversial program that was holding up the pacts.

  • Martin O'Malley (Barbara L. Salisbury/The Washington Times)

    Maryland legislators to resume wind power discussions

    Maryland legislators will meet Tuesday to resume discussions of offshore wind development in the state, four months after they shot down Gov. Martin O'Malley's signature green-energy proposal.

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