Obamacare as a "train wreck,"

Senior Democratic Sen. Max Baucus, who recently slapped Obamacare as a "train wreck," believes that the IRS scandal is just beginning and that "a lot more" damaging information will be revealed, likely at congressional hearings.

"I have a hunch that a lot more is going to come out, frankly," Baucus, whose pending retirement seems to have freed him up to speak bluntly, told Bloomberg's "Capitol Gains" TV show.

"It's broader than the current focus. And I think it's important that we have the hearings, and I think that will encourage other information to come out that has not yet come out. I suspect that we will learn more in the next several days, maybe the next couple three weeks which adds more context to all of this," added Baucus, chairman of the Senate Finance Committee.

Senior Democratic Sen. Max Baucus, who recently slapped Obamacare as a "train wreck," believes that the IRS scandal is just beginning and that "a lot more" damaging information will be revealed, likely at congressional hearings.

"I have a hunch that a lot more is going to come out, frankly," Baucus, whose pending retirement seems to have freed him up to speak bluntly, told Bloomberg's "Capitol Gains" TV show.

"It's broader than the current focus. And I think it's important that we have the hearings, and I think that will encourage other information to come out that has not yet come out. I suspect that we will learn more in the next several days, maybe the next couple three weeks which adds more context to all of this," added Baucus, chairman of the Senate Finance Committee.