Max Baucus: “the Baucus draft proposes substantial changes to IDC and percentage…”

On the recordJanuary 20, 2014

the Baucus draft proposes substantial changes to IDC and percentage depletion to the detriment of American oil and natural gas production.

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Democratic · Montana

Source

Max Baucus criticized his own draft's impact on oil and gas production.

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I did not ever hear anybody in China advocate the Americans should stick with agreements that you have to transfer technology.

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We do not want that.

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I am very concerned that this will have an adverse effect on small businesses...

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This is landmark legislation.

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Max Baucus: “the Baucus draft proposes substantial changes to IDC and percentage depletion to the detriment of American oil and…”