Congressional Digest

Congressional Digest February 2010 No. 2 Vol. 89
Honorable Max Baucus

The Deficit and the Debt

Meeting America's Fiscal Challenges

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Honorable Max Baucus

United States Senator, Montana, Democrat

Senator Baucus was first elected to the U.S. Senate in 1978. He served in the Montana House of Representatives from 1973 to 1974 and in the U.S. House of Representatives from 1974 to 1978. He chairs the Finance Committee and is a member of the Agriculture Committee, the Environment and Public Works Committee, and the Joint Committee on Taxation. The following is from a December 10, 2009, statement delivered on the floor of the Senate. Commenting on the budget process in the 1980s, former CBO [Congressional Budget Office] Director Rudy Penner said: “The process is not the problem; the problem…

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