NUMBER OF THE WEEK: 10 percent
The amount by which Sen. Mark Warner (D-VA) said he wanted to
reduce, or "haircut," all of the 50-plus tax provisions
known as extenders. Warner accurately predicted that his Senate
Finance Committee colleagues wanted to keep the tax provisions
shoulder length, so he did not introduce his haircut amendment. The
tax-writing panel voted today to keep, and in some cases expand,
all of the tax extender provisions for two years. Read more
below.
LEGISLATIVE LANDSCAPE
Are We There Yet? Senate Readies Multiyear Highway
Bill. Highway reauthorization is at the top of the Senate
agenda this week, with Senate Majority Leader Mitch McConnell
(R-KY) reaching across the aisle to shape a two or three-year deal
with Senate Environment and Public Works Ranking Member Barbara
Boxer (D-CA). The first hurdle is a procedural vote scheduled for
this afternoon to invoke cloture, limiting debate on the motion to
proceed to H.R. 22, the legislative vehicle
