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The Latest Breaking News from Senate Finance

Health care fight returns in January with affordability at center - Roll Call

Parties and factions within them are sharply divided on a path forward; several avenues being explored haven’t led to viable legislation.

Roll Call

Some Republicans expect answers from RFK Jr. on agency turmoil - Roll Call

HHS Secretary Robert F. Kennedy Jr. is set to testify before the Senate Finance Committee on Thursday, his first appearance before the panel.

Roll Call

Long removed as IRS commissioner two months after confirmation - Roll Call

Former GOP Rep. Billy Long has been removed as IRS commissioner by President Trump, a White House official said Friday.

Roll Call

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Trump IRS nominee grilled over ties to fraudulent tax credits - Roll Call

Billy Long faced withering questions from Senate Finance Committee Democrats over his post-congressional business activities.

Roll Call

Low-income housing credit bill back in the mix for tax package - Roll Call

A bipartisan duo is reintroducing a popular measure this week that would expand the low-income housing tax credit.

Roll Call

Budget plan with dueling tax, spending targets OK'd in Senate - Roll Call

The Senate adopted a fiscal 2025 budget blueprint early Saturday along party lines after a debate that began the night before, teeing up the House for a climactic final vote next week.

Roll Call

Senate Finance advances Oz nomination to lead CMS - Roll Call

If confirmed, Oz would be responsible for the agency that oversees health care coverage for 160 million Americans.

Roll Call

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Warren puts Treasury nominee on the spot ahead of hearing - Roll Call

Sen. Elizabeth Warren is pressing Treasury nominee for answers about his oversight of the pandemic-era Paycheck Protection Program.

Roll Call

Texas is poised to become a film haven — but not without a fight

The Texas Senate has proposed injecting a staggering half a billion dollars into film production, as economists and fiscal hawks question the return on investment.

The Texas Tribune

Senate Finance advances Greer to be US trade representative - Roll Call

Jamieson Greer, the nominee to become U.S. trade representative, received the backing of the Senate Finance Committee on Wednesday.

Roll Call

Bessent easily confirmed as Trump's Treasury secretary - Roll Call

The Senate confirmed Scott Bessent as Treasury secretary despite criticism levied by Democrats for his handling of self-employment taxes.

Roll Call

Finance Democrats seek assurances from Bessent on taxes ahead of vote - Roll Call

Senate Finance Democrats want Scott Bessent to submit to an IRS audit and release his tax filings ahead of panel vote Tuesday.

Roll Call

Democrats: Bessent avoided Medicare tax on hedge fund earnings - Roll Call

Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary.

Roll Call

Sanders set to take seat on Senate Finance panel — maybe - Roll Call

Sen. Bernie Sanders announced he'd be joining the powerful Senate Finance Committee next year, but no final decisions have been made.

Roll Call

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Roll Call

Senate Finance Democrats look to raise revenue for 2025 tax cliff - Roll Call

Panel Democrats left a meeting aligned on the need for wealthy individuals and multinational corporations to pay more.

Roll Call

House GOP clears path for tax package with ‘SALT’ on the side - Roll Call

A $78 billion tax deal is set for a vote Wednesday after House leaders agreed to vote as soon as next week on state and local tax deductions.

Roll Call

Strong bipartisan showing in first test of tax deal's support - Roll Call

The House Ways and Means Committee voted overwhelmingly to approve a $78 billion tax package, with all but three members in favor.

Roll Call

Tax panel leaders clinch deal on child credit, business breaks - Roll Call

Senate Finance Chairman Ron Wyden and House Ways and Means Chairman Jason Smith unveiled a roughly $78 billion tax deal Tuesday.

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Roll Call

Chief tax writers working to broaden appeal of tentative accord - Roll Call

A bipartisan, bicameral $70 billion tax agreement taking shape on the Hill is drawing mixed reviews, pointing to potential challenges ahead.

Tribune News Service

Drug company middlemen likely to be a focus in 118th Congress

WASHINGTON — Factions of the health care system and members of Congress are turning their fire on an oft-maligned part of the drug pricing system — the middlemen who negotiate discounts with drug companies on behalf of health plans.

Roll Call

Drug company middlemen likely to be a focus in 118th Congress - Roll Call

PBMs argue that the rebates they collect from drug companies in exchange for coverage by a health plan are used to lower premiums.

Tribune News Service

Changes mulled to sweeping budget package as debate nears

Democrats may need to make some changes to the tax portion of their budget reconciliation package to earn the support of Arizona Sen. Kyrsten Sinema, including possible removal of a tax increase on investment fund managers and softening a new minimum tax on the biggest corporations.

Roll Call

Changes mulled to sweeping budget package as debate nears

Democratic leaders in the Senate need to woo Arizona Sen. Kyrsten Sinema, but some don't want to give away too much

Tribune News Service

Reconciliation talks complicated by ‘SALT’ tax hurdle

WASHINGTON — Democrats’ demands for changes to the tax code are threatening to complicate efforts to pass a slimmed-down budget reconciliation package by the August recess, as warring positions on a deduction for state and local taxes reemerge as a potential roadblock.

Roll Call

Reconciliation talks complicated by 'SALT' tax hurdle - Roll Call

Democrats’ demands for changes to the tax code threaten to complicate efforts to pass a budget reconciliation package by the August recess.

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