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SEN. BAUCUS ISSUES STATEMENT REGARDING CARRIED INTEREST PART III: PENSION ISSUES

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From: US Fed News Service, Including US State News
Date: 20070906
Author:

The Senate Finance Committee issued the following statement from a committee hearing:

Thomas Carlyle said: "No man sees far; the most see no farther than their noses."

This Committee has a responsibility to see as far as we can - far beyond our noses. Before we choose a path, we do well to look down that path. We must understand how our decisions will affect taxpayers and the economy, months and years down the road.

That is why we hold hearings.

In July, we held two hearings on carried interest. Today's hearing follows up on our hearing July 31. At that hearing, one of the witnesses argued ...

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