Lawmakers set up extenders for same-day rule

A $200 billion tax extenders bill will be set up tonight for a possible same-day rule on Wednesday.

The House Rules Committee scheduled a meeting for tonight to set up a process to allow for a same-day rule on the package of tax cuts and social spending. If the bill is ready Wednesday, the panel could do the rule then take the bill immediately to the floor. 

Emerging from a meeting tonight, Democrats were tight-lipped about the fate of the measure that had been expected to reach the House floor sometime Tuesday and be sent to President Barack Obama by the end of the week, meeting a self-imposed Memorial Day recess deadline. 

House Majority Leader Steny Hoyer (D-Md.) said talks were still ongoing on several of the bill's provisions saying "everything is on the table" to garner enough votes to pass the measure. The plan is still to pass the legislation before the end of the week, he said. 

After the latest round of talks between leaders, including Speaker Nancy Pelosi (D-Calif.) and House Ways and Means Chairman Sander Levin (D-Mich.), were trying to iron out the final details to ensure the bill's passage. 

Hoyer wouldn't provide specifics of the talks but some Democrats have raised questions about the bill's cost, as well as the carried interest and "doc" fix provisions. Only $56 billion of the measure is paid for, leaving some Democrats to hold out support. 

Rep. Xavier Becerra (D-Calif.), vice chairman of the House Democratic Caucus, said the House is trying to coordinate with the Senate to ensure the bill has enough votes across the Capitol to send it to the White House. 

Earlier today, Senate Majority Leader Harry Reid (D-Nev.) said he expected the bill to reach the Senate sometime Wednesday. The Senate could stay in session through the weekend to complete work on the bill, Reid told reporters today.