Congressional Digest

Congressional Digest January 2011 No. 1 Vol. 90
Honorable Max Baucus

The Bush Tax Cuts

Weighing the Costs of Short- and Long-Term Economic Recovery

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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 December 4, 2010, Senate floor debate on two amendments relating to the expiring 2001 and 2003 tax cuts. I think it is important to lay a few facts on the table. To be honest, I think there…

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