Tuesday, November 01, 2005

Reconciliation Legislation: Wait Until Next Year

Roy Blunt (MO) and other House Republican leaders have conceded that provisions extending certain tax incentives will have to wait for next year. A combination of hurricane-related tax relief, demands for increasing taxes on petroleum companies and lack of Democratic enthusiasm contributed to the sluggish performance. On the Senate side, Charles Grassley (R-IA) was somewhat more hopeful.


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