A six-term Democratic, Sen. Max Baucus plans to retire. (AP Photo/J. Scott Applewhite, File)

Democratic Sen. Max Baucus, the powerful Senate Finance chairman who steered President Barack Obama’s health care overhaul into law but broke with his party on gun control, said Tuesday he will not run for re-election.

“I don’t want to die here with my boots on. There is life beyond Congress,” the 71-year-old Baucus said in a telephone interview.

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