September 2, 2014

U.S. Budget Week: House Tax Extender Bill Undermines Deficit Rhetoric

House Passes R&D Tax Credit Bill Boosting Deficit By $156B; Senate Expected To Consider Separate Tax Bill Next Week
May 9, 2014
Market News International (MNI)

Excerpt

The Concord Coalition, in its weekly newsletter the Washington Budget Report, argues that periodic renewals of the tax extenders should be replaced with comprehensive tax reform. "If Congress will not address the country's long-term budget challenges this year, it should at least not make the fiscal situation worse."