Tax News & Views - September 14, 2012
Vol. 13, No. 34
Tax Policy Group, Deloitte Tax LLP
- Congressional leaders signal low expectations for fall work period, lame duck – Senate leaders tamped down already-low expectations that the chamber would move tax extenders legislation before the end of the brief pre-election work period; meanwhile, the speaker of the House expressed doubts about whether Congress and the White House could strike a tax-and-spending deal to prevent the nation from falling over the so-called “fiscal cliff” before the end of the year.
- Legislative outlook – A quick look at events taking shape for the coming week.
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