The Senate easily confirmed longtime Sen. Max Baucus on Thursday to become ambassador to China, handing the job to a lawmaker well-versed in U.S. trade policy but with little expertise about military and other issues that have raised tensions with Beijing.
President Barack Obama intends to nominate Sen. Max Baucus, D-Mont., as ambassador to China, Democratic officials said Wednesday, turning to a lawmaker well-versed in trade issues to fill one of the nation’s most sensitive diplomatic posts.
The Internal Revenue Service’s targeting of conservative political groups has little if anything to do with most everyday taxpayers, but some lawmakers are hoping attention to the budding scandal will swell public and political support for rewriting and simplifying a federal tax code that has undergone some 5,000 changes in the past dozen years.
Republicans are struggling to recruit strong U.S. Senate candidates in states where the party has the best chances to reclaim the majority in Washington.
With Republicans pushing to all but eliminate the current estate tax, and the President fighting to return to 2009 rates, a lack of bipartisan consensus in Congress could result in something neither side wants: A massive rate hike on some of America’s traditional family-owned farms.