Word: baucus
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...Still reeling from the $1.35 trillion tax cut he came under fire for supporting, Sen. Max Baucus, the new Democratic chairman of the Finance Committee is wary of taking on any more big slices. But that doesn't mean that cuts won't get through. So there's still hope for ships and oranges and old coins...
There's not much the Democrats can do to stop the Republicans. Senate minority leader Tom Daschle tried to delay the bill, but he was undermined when four Democrats on the Senate Finance Committee--its ranking member, Max Baucus of Montana, John Breaux of Louisiana, Arkansas moderate Blanche Lincoln, and the embattled Robert Torricelli of New Jersey--cut separate deals to get their pet rocks in the bill. They then signed on to the G.O.P. plan...
...Finance GOP chair: Charles Grassley, Iowa Democratic chair: Max Baucus, Montana Effect of change: Middle-of-the-road Baucus unlikely to alter Grassley?s course...
...Senate Democrats, whose entire rival tax cut proposal costs less than Bush's marginal rate cuts, would rather there be no across-the-board cuts at all. With a GOP majority in the House and Bush in the Oval Office, they'll have to start negotiating eventually. But when Baucus and the other 10 Democrats on the 20-member Senate Finance Committee sit around the table for hearings Wednesday, it'll be angry soundbite time...
...Because these guys are some of the red-state Democrats on whose welcome mat Bush has been wiping his feet ever since his speech to Congress last Tuesday. Last week, Bush looked in on constituents of Blanche Lincoln (Arkansas) and Baucus (Montana); next week, he'll hold events on the home turf of John Breaux (Louisiana), Kent Conrad (North Dakota) and even Tom Daschle (South Dakota...