Tags: baucus | tax | reform | reelection

Baucus' 2014 Reelection Campaign Hampering Tax Reform

Tuesday, 26 Mar 2013 11:07 PM

By Matthew Auerbach

A    A   |
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink
Senate Finance Committee Chairman Max Baucus, D-Mont., bowed to the realities of his 2014 run for reelection when he voted against the budget resolution from Senate Democrats last week, lobbyists and experts say.

The Hill reports Baucus broke with leadership and the majority of his caucus by voting against a budget framework that would raise nearly $1 trillion in new revenues.

Baucus’ vote is being viewed as a sign that he finds himself hemmed in by his reelection bid in Republican-leaning Montana even as he attempts to spearhead tax reform efforts in the Senate.

Campaign politics clearly played a role in Baucus' decision, as it did with the three other Democrats who voted “no” and face reelection next year — Sens. Mark Begich of Alaska, Kay Hagan of North Carolina and Mark Pryor of Arkansas.

“He is in cycle,” said Bill Hoagland, a former GOP budget staffer in the Senate.

“Voting for raising revenues would definitely be used against him even if nothing happened on tax reform.”

Tax lobbyists and other observers said the budget vote revealed a rift between Baucus and Democratic leadership over revenue, and brought to a head weeks the fact that he failed to move his party’s budget to a more centrist position on taxes.

That dynamic, experts say, could make it that much harder for Baucus to represent Democrats in tax negotiations, and give him less leverage at a time when Republicans in the House are pressing for revenue-neutral tax reform.

“I think Baucus is in a tough position,” one tax lobbyist said.

“If he doesn’t move, he will be accused of dragging his feet and not moving the ball.”

“If he does do something, he has to answer for it,” the lobbyist added.

“For Baucus, keeping things the way they are through 2014 may be the best option.”

© 2014 Newsmax. All rights reserved.

   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Retype Email:
Zip Code:
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Cuomo Book Title Change Spurs Speculation About NY Governor's Future

Thursday, 17 Apr 2014 08:07 AM

Speculation that Gov. Andrew Cuomo will make a run for the White House has intensified with the announcement that a majo . . .

Hillary Super PAC Hires Regional Campaign Staff

Thursday, 17 Apr 2014 07:46 AM

Super PAC Ready for Hillary is bringing on four regional directors to its campaign machine, the National Journal reporte . . .

Perry's Presidential Bid Hampered by Tangle Over Texas Corruption Unit

Thursday, 17 Apr 2014 07:17 AM

Texas Gov. Rick Perry's hopes to capture the 2016 Republican presidential nomination are being overshadowed by a politic . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved