Rep. Chris Van Hollen, a member of the Joint Committee on Deficit Reduction, says he is working to compile a list of possible changes to the tax code that might draw bipartisan support in the debate on the deficit reduction.
“But it is just really the question: Where do we want to go? And do we want to have AMT indexed, for example? Do we want to have SGR, the physicians’ payment rate? Do we want to increase taxes for middle-income Americans beginning 2013, or upper income, or not?” Baucus asked in the super committee’s second public hearing. “These are basic questions we are going to have to ask ourselves, and they all have consequences, really.”
Rep. Christopher H. Smith, R-N.J., left, David Goldman, center, and Arvind Chawdra right, attend a news conference in the Rayburn House Office Building on international child abduction. Goldman and Chawdra are fathers whose children were abducted by their mothers and taken abroad.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.