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ARTICLE · 30 DECEMBER 2014

Tax Policy Update - December 15, 2014

The announcement ends months of speculation about which Republican members would be chosen to join the prestigious committee.

United StatesTax

NUMBER OF THE WEEK: 9

The number of hours the Senate spent voting on procedural measures on Saturday, after Senators Ted Cruz (R-TX) and Mike Lee (R-UT) objected to the government spending bill, or "cromnibus." The parliamentary obstructionism not only failed to stop passage of the spending bill, it also gave Democrats additional time to move forward 24 more of President Obama's executive and judicial nominations before adjourning for the year.

LEGISLATIVE LANDSCAPE

Extenders: The Final Countdown (We Hope). Amid dramatic political party infighting and parliamentary hijinks, the House and Senate managed to get the government spending package, or "CRomnibus," across the goal line late Saturday night, opening the way for what we sincerely hope is a quick and painless passage of the House-passed extenders bill, H.R. 5771, early this week. The House has already gone home for the year, so the Senate has no choice but to pass the extenders bill as is—or not pass it at

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