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Senate Passes 2014 Tax Extenders, White House Opposition Unlikely

On December 16, in a vote of 76 to 16, the Senate passed the long-anticipated “extenders bill,” extending 55 tax provisions that expired at the end of 2013.  The bill had been passed by the House of Representatives on December 3, 2014 and now heads to the President’s desk where it is expected to be signed into law. As a one-year extension of tax provisions that expired on...

Senator Wyden Renews Push for Tax Extenders

The Congressional tax agenda for the end of 2014 is now clear: tax extenders and inversions.  Even as inversions dominate the news, Senate Finance Committee Chairman Ron Wyden (D-Ore.) is continuing his push to pass legislation which extends expired tax provisions.  On September 15, Senator Wyden issued a statement on the need to renew expired tax provisions, stating that the actions...

Wyden-ing his Reach: From Energy Chair to Finance Chair

Senator Ron Wyden (D-Ore.) is likely to become busier in 2014, as his ascension to Chair of the Senate Finance Committee is all but confirmed.  In recent days, speculation has shifted from if Sen. Wyden will be appointed to what will be accomplished when he is appointed. The role of Chair will become vacant upon Sen. Max Baucus’s (D-Mont.) confirmation as Ambassador to China (see our...

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