Prospects for Tax Extenders Dim as Shutdown Endures: BGOV Tax

Diminished Extender Appetite in Congress

Special tax breaks for racetracks and film studios are set to sunset at the end of the year, and the appetite is waning among members of Congress to negotiate an extension for them along with other tax credits.

Federal workers will start missing paychecks as the government shutdown stretches toward mid-October. In Washington, the partisan rift is only growing wider as the two parties stand at loggerheads over government funding, in part because Democrats seek an extension to expiring Obamacare premium tax credits.

Unlike the premium credits that have been deeply mired in partisanship—though there ...