Senate Finance Committee's Wyden Vows To Renew Expired Tax Extenders For Last Time

wochit news
April 03, 2014 AT 1:59 PM
It’s the fifteenth time Congress has been tasked with renewing the stop and go tax cuts called the extenders, and today the new Senate Finance Committee chair, Sen. Ron Wyden, vowed it will be the last time. Sen. Wyden said at mark-up hearings today, “This will be the last tax extenders bill the committee takes up as long as I’m chairman. That’s why the bill is called the EXPIRE Act. It is meant to expire.” The 60-odd provisions of the tax code are written in as temporary provisions but keep getting renewed as Congress delays meaningful tax reform.