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Talks on Spending Plan, Tax Breaks Drag On

December 08, 2015

With stopgap legislation set to expire on Friday, lawmakers are continuing to work on overdue spending plans for the rest of the fiscal year that began Oct. 1.

There had been hopes that a proposed agreement might be announced Monday, but they proved premature. Neither the White House nor congressional leaders and negotiators sounded particularly upbeat on Monday, with House Majority Leader Kevin McCarthy saying the House might be kept in session through next weekend.