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Extenders bill in holding pattern, action still expected this week

By Vicki Needham - 05/24/10 09:29 PM ET

A $200 billion bill that revives several tax breaks is in a holding pattern again but is still on the week's agenda after a raucous hearing Monday night. 

There wasn't any resolution on the contentious extenders measure as a House Rules Committee hearing devolved into partisan sniping, most likely pushing the measure back to Wednesday so any remaining issues, especially among House Democrats, can be resolved. The bill was expected to be ready for House action Tuesday. 

The measure is a priority for House and Senate leadership and they are aiming to get the bill to President Barack Obama's desk by Memorial Day.  

House Ways and Means Chairman Sandy Levin (D-Mich.) and several other Democrats scheduled a Tuesday morning conference call with reporters about the way forward. 


Source:
http://thehill.com/blogs/on-the-money/domestic-taxes/99641-extenders-bill-in-holding-pattern

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