GOP Looks to Next Year for R&D Break as Tax Deal Slips Away

House Republicans, cut out of current talks on a yearlong omnibus, have a backup plan if no tax package materializes this year: kick it to the next Congress.

Talks between Democrats and the GOP on a potential package of tax provisions haven’t made much progress, as Senate Finance Committee chair Ron Wyden (D-Ore.) said Democrats “haven’t been able to get enough traction” on a deal that includes an expanded child tax credit and the business tax breaks.

Expired business tax breaks, such as the expired research and development deduction break, will be a priority for Republicans next year if not ...