WASHINGTON - Senate Majority Leader Harry Reid on Tuesday tapped Sens. Patty Murray, John Kerry and Max Baucus as his three choices for the so-called super committee that was created to cut more than $1 trillion in federal spending by year's end.

WASHINGTON (Reuters) - Max Baucus, the Senate's top tax legislator, was named Tuesday to serve on a deficit reduction super committee, possibly boosting prospects for serious tax and entitlement reform.

WASHINGTON (Reuters) - Max Baucus, the top tax legislator in the Senate, was named on Tuesday to serve on a deficit reduction super committee, possibly boosting prospects for serious tax and entitlement reform.

Senate Finance Committee Chairman Max Baucus, D-Mont., and ranking member Chuck Grassley, R-Iowa, released the language of legislation they intend to introduce that would eliminate the patenting of tax strategies, a key priority of the American Institute of CPAs.

Senate Finance Committee Chairman Max Baucus on Tuesday said he expects the Senate to extend middle-income tax cuts before they expire by the end of the year.