NEWS
By Noam N. Levey | July 9, 2009
WASHINGTON - -In the face of mounting Republican opposition to its health-care agenda, the Obama administration received a boost Wednesday, winning a preliminary agreement with leading hospital groups to cut federal payments to the industry over the next decade. Under the plan, negotiated primarily by Senate Finance Committee Chairman Max Baucus, a Montana Democrat, hospitals would accept $155 billion in cuts if the administration and its congressional allies succeeded in extending health insurance to tens of millions of people who are now without coverage.
NEWS
By Laura Smitherman | May 21, 2009
Maryland officials have barred Alan B. Fabian, an entrepreneur and one-time Republican fundraiser now in federal prison, from doing business with the state for an indefinite period. Fabian, who lived in Cockeysville, pleaded guilty last year to mail and tax fraud in connection with a $32 million fraud. The Board of Public Works, a three-member panel with purview over state contracts, approved the action Wednesday without discussion. Fabian had been notified of the proceeding and did not request a hearing, according to board records.
NEWS
By Tricia Bishop and Laura Smitherman | February 8, 2009
A spokesman for Michael S. Steele defended the new Republican National Committee chairman yesterday against claims by a convicted felon that Steele misused campaign funds from his 2006 Senate bid. Curt Anderson, a political consultant and Steele spokesman, said the allegations had been "fabricated" by Steele's former campaign finance chairman, who was seeking a more lenient sentence in an unrelated criminal case. The Washington Post outlined the accusations in yesterday's editions, including a claim that Steele's campaign paid money to a company owned by his sister for services never performed, and the improper use of tens of thousands more in campaign money.
NEWS
By Cox News Service | April 9, 2008
WASHINGTON -- House Democrats, opposed to the Senate's focus on helping homebuilders, moved yesterday to reshape housing legislation to help more homeowners. "We need to provide relief to the buyers and families themselves, not just the banks and builders," Rep. Charles B. Rangel, a New York Democrat, said in a statement. House Democrats intend to put "families first," he said. Today, Rangel's Ways and Means Committee will vote on his legislation to provide tax breaks to homeowners, first-time homebuyers and developers of low-income housing.
NEWS
By Marilyn Geewax | March 29, 2007
WASHINGTON -- The "substantial" downturn in home sales has slowed the U.S. economy and "is likely to remain a drag on economic growth for a time," Federal Reserve Chairman Ben S. Bernanke told Congress yesterday. Still, Bernanke sees no recession on the horizon. The economy should "continue to expand at a moderate pace," he said, and price inflation may ease even as wages rise. "The weakness in housing and in some parts of manufacturing does not appear to have spilled over to any significant extent to other sectors," Bernanke told the Joint Economic Committee, made up of Senate and House members.
NEWS
By Marilyn Geewax | January 18, 2007
WASHINGTON -- The Senate Finance Committee voted yesterday to rein in the tax breaks that sweeten the huge compensation packages corporations often bestow upon executives. The crackdown was tucked into legislation to raise the federal minimum wage by $2.10 over two years to $7.25. In a unanimous voice vote, the committee approved the wage increase, along with a package of tax reductions and credits aimed at helping small businesses. In a surprise to many lobbyists who didn't see it coming, one provision was aimed at top executives of hundreds of large companies.
NEWS
By Larry Carson | January 14, 2007
The ever-sensitive slot machine issue will be Howard Del. Frank S. Turner's baby in this year's House of Delegates, thanks to the House speaker, Del. Michael E. Busch. Turner, a four-term Democrat who is no fan of slots, is chairman of the innocent-sounding Finance Resource subcommittee of the Ways and Means Committee. That means any bills having to do with gambling, horse racing or the lottery must pass muster with his subcommittee before they can proceed. "The speaker felt very comfortable with me taking over that area," said Turner.
NEWS
By Siobhan Gorman | November 12, 2006
WASHINGTON -- Among the decisions facing Speaker-to-be Nancy Pelosi, few are trickier than the selection of a leader for the sensitive post of House Intelligence chairman. Many Democrats say her likely pick is Rep. Alcee L. Hastings, a Florida congressman and longtime committee member whose personal history could become a political liability for the party. Before his election to Congress in 1992, he was impeached by the House for bribery and perjury and stripped of his job as a federal judge.
NEWS
By Tyrone Richardson | October 22, 2006
A Columbia Association committee will recommend that the association's board of directors adopt a policy on serving alcohol at its events. The board asked the committee to form an alcohol policy after voting down a motion last month to prohibit the association from buying alcohol to serve at its events. The CA Performance Oversight committee drafted and approved during its meeting Thursday a policy that would "ensure that when alcoholic beverages are served at CA events and functions, steps will be taken to ensure they are served in a responsible manner," according to the written document.
NEWS
By TOM PELTON | March 24, 2006
As a landmark air pollution bill heads for a critical vote today, a flash point for debate is a loophole that would allow power plants to avoid penalties if the cost of adding filters "may significantly increase electric rates." Senate Finance Committee Chairman Thomas M. Middleton, who has a power plant in his Southern Maryland district, inserted the language into the Healthy Air Act before it was approved 33-14 last week by the Senate. Middleton, a Democrat who has received at least $7,750 in campaign contributions from the power industry since 1999, said he added the "safety valve" to protect customers, given the uproar over a large rate increase expected this summer because of the deregulation of electric utilities.