By Peter Schroeder - 07/25/11 09:59 AM EDT
The Senate Finance Committee will welcome the CEOs of some of the world’s largest companies on Wednesday as they discuss how the tax code affects the way they do business. The day before, the panel will hold a hearing to review the various takes on reducing the deficit.
Former Arkansas Gov. and presidential candidate Mike Huckabee (R) will pay a visit to the House Ways and Means Committee on Tuesday, as he and others will discuss the pros and cons of adopting a value-added tax or a national sales tax.
On Wednesday, a subcommittee of the House Appropriations Committee will mark up a spending bill doling out dollars for state and foreign operations.
The bicameral Joint Economic Committee will convene that same day for a hearing devoted to restraining federal spending. A number of experts, including James Miller, a former director of the Office of Management and Budget during the Reagan administration, will be testifying.
Days after House Republicans advanced legislation curbing the new Consumer Financial Protection Bureau, the House Small Business Committee will scrutinize the new agency. A subcommittee of the panel is set to explore what the agency means for small businesses on Thursday.
On Monday, the Senate Small Business Committee will explore cybersecurity issues facing small businesses.
A subcommittee of the House Financial Services Committee will turn its attention to credit ratings agencies on Wednesday. Widely blamed for giving top ratings to ultimately doomed securities before the financial crisis, the panel will explore how the raters are functioning since the crisis and the enactment of the Dodd-Frank financial reform law.