Congressional Tax Writers Look for Opening to Move Legislation

December 2, 2019, 9:45 AM UTC

Tax writers will press for a package that can be attached to must-pass legislation as Congress starts its year-end legislative sprint.

That means billions of dollars in temporary tax breaks for individuals and companies, as well as the chance of any significant tax package becoming law this year, are facing a do-or-die moment. A tax package could include the renewal of expired tax breaks known as extenders and expanded clean energy incentives.

A year-end tax package could check off issues that lawmakers have hoped to address all year, but had little momentum to advance without a hard deadline. Lawmakers return ...

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