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Search Tags: Senate Finance Committee
John Koskinen, President Barack Obama's pick to lead the embattled Internal Revenue Service, pledged to restore public trust in the agency following the recent uproar over revelations of purported political bias by IRS employees. Speaking before the Senate Finance Committee Tuesday morning, Koskinen also said he'd work to turn around the declining employee morale.
The National Treasury Employees Union has renewed its call for Congress to renew an expansions of a mass-transit subsidy that expired at the end of last year. The union said it supports passage either through a stand-alone bill or through a package of nearly 70 temporary tax breaks, known as extenders.
A group of 22 senators has called on the Senate Finance Committee to take up extending a mass-transit commuter tax benefit, which expires at the end of the year. The mass-transit benefit is set to be cut nearly in half — from $230 a month to $120 — starting next year, barring action by Congress.
The reformation of the country's health care system is one of the next priorities for President Barack Obama and Congress, and the Department of Health and Human Services and the Center for Medicare and Medicaid Services will be at the center of this effort.