
Lame-Duck Session Under Way
December 2, 2020 7:15 pmCongress returned to D.C. this week as lawmakers race to a spending bill, the NDAA and another COVID-19 relief bill.
Congress returned to D.C. this week as lawmakers race to a spending bill, the NDAA and another COVID-19 relief bill.
This week, the Senate is preparing to take action on a bill passed by the House that would retroactively extend a variety of currently expired tax breaks, including Section 179 expensing and a host of other business credits.
The House may vote on a bill—as soon as today—that would extend for 2014 only the so-called tax “extenders,” while an omnibus spending package is expected to hit the House floor next week.
The post-election session begins on Wednesday, Nov. 12 and the current House and Senate leadership are busy assessing what they can and cannot accomplish among their hefty to-do list.