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Congress Moves Toward Deal on Spending, Tax Break Extension

Dozens of expired tax breaks need to be renewed before year-end.

By Billy House, James Rowley and Kathleen Miller, Bloomberg | Updated on December 10, 2015

Congressional negotiators are pushing toward a deal to make permanent a series of expired tax breaks for businesses and individuals, a step lawmakers hope would speed parallel talks on a must-pass $1.1 trillion government spending bill.

House Appropriations Chairman Hal Rogers filed a stopgap bill Wednesday to finance the government through Dec. 16 and avert a shutdown. “It is my hope and expectation that a final, year-long bill will be enacted before this new deadline,” the Kentucky Republican said in a statement. Current funding runs out after Friday.

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