Originally published on Tue April 23, 2013 12:16 pm
Sen. Max Baucus of Montana, an influential red-state Democrat who helped craft Obamacare but bucked his party last week in voting against expanded background checks for gun sales, will retire in 2014, he announced Tuesday.
The chairman of the influential Senate Finance Committee, Baucus was expected to face a potentially tough race for a seventh term after four decades on Capitol Hill. He becomes the sixth Senate Democrat to announce his retirement, as Republicans look for an opportunity to retake Senate control in the midterm elections.
Following the Republican Party's losses in the 2012 elections, there has been a lot of hand-wringing about what the party should do to improve its electoral fortunes.
Some argue that the GOP should moderate its positions on social issues, as well as policies that affect income inequality and social mobility, and that it should embrace compromise as a way to attract more voters. But others say that changing its positions risks alienating the core Republican base and diluting the party's conservative message — doing more damage in the end.
Originally published on Tue April 23, 2013 1:10 pm
A federal court has approved a settlement agreement between the Department of Justice and Anheuser-Busch InBev that will allow the mammoth beer company to complete its purchase of Grupo Modelo, a Mexico-based brewer that produces Corona, Pacifico and other beers.
The deal, which requires AB InBev to sell all of Modelo's U.S. business, clears the way for the $20.1 billion acquisition of the remaining portion of Modelo that AB InBev did not yet own. Terms of the deal were announced Friday.