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nitpicker

(7,153 posts)
4. More from The Hill re tax break status
Tue Dec 2, 2014, 07:47 AM
Dec 2014
http://thehill.com/homenews/senate/225669-how-the-white-house-torpedoed-reids-tax-deal

How the White House torpedoed Harry Reid’s tax deal
By Alexander Bolton and Bernie Becker - 12/02/14 06:00 AM EST

The White House worked closely with liberal House Democrats last week to torpedo a tax deal that Senate Majority Leader Harry Reid (D-­Nev.) was negotiating with Republicans.
(snip)

Reid has since stepped away from the table and left the lame­-duck tax talks entirely to Senate Finance Committee Chairman Ron Wyden (D­-Ore.). This means a one-­year extension of expired tax provisions appears more likely, though Wyden insisted Monday that he was no fan of that approach. “It’s all in Wyden’s hands now. Whatever happens is in Wyden’s hands,” said the senior staffer, who added that passing a one-­year extension of tax provisions this month sets up new tax talks next year, when Sen. Mitch McConnell (R­Ky.) will be the majority leader.
(snip)

With Reid now backing away from extenders negotiations, House Republicans are moving toward a vote that would restore many of the expired tax breaks only through the end of 2014.
(snip)

Recommendations

0 members have recommended this reply (displayed in chronological order):

No surprise gadjitfreek Dec 2014 #1
Or maybe not nitpicker Dec 2014 #2
Link to House hearing Dec 2 re extension bill nitpicker Dec 2014 #3
More from The Hill re tax break status nitpicker Dec 2014 #4
OP should be titled "Repubs to increase taxes on teachers"..nt StopTheNeoCons Dec 2014 #5
Meh. Igel Dec 2014 #6
Latest Discussions»Issue Forums»Education»Teachers may lose tax bre...»Reply #4