It looks like key House Democrats are back to a big package of tax extenders and that will present approval hurdles for items like the lapsed biodiesel tax incentive, congressional sources advise.
House Ways and Means Chairman Richard Neal, D-Mass., reportedly altered his prior view this week for a “skinny” package of tax provisions that did not include more than $100 billion worth of refundable tax credits for low-income workers and families that Neal has been pushing since June.
But on Thursday, Neal changed. Asked if the skinny package was still on the table, Neal said, “Nah. We are trying to negotiate a big ending... Everything is in the mix now.”
In the Senate, Republicans appeared downbeat on the prospects for a tax deal before the year is out. Sen. Pat Roberts, R-Kan., said he thought January was more likely.
If so, that means the lapsed biodiesel tax credit will not likely be dealt with yet this year.
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