Emily Skor
-The Hagstrom Report
As Congress appeared close to a deal on an omnibus appropriations bill and COVID-19 relief late Wednesday, there were signs that the massive legislation might also extend tax breaks, and Growth Energy asked that biofuels measures be included.
Both The New York Times and The Washington Post reported that negotiations were continuing and that congressional leaders said they would not leave town until a bill is passed.
Senate Finance Committee Chairman Chuck Grassley, R-Iowa, said that the tax extenders might be included, Law360 reported.
“As of 3 o’clock yesterday, there was good hope of reaching an agreement. I can’t get into those details until they’re announced,” Grassley said Tuesday. “But there was some question that if we didn’t have a COVID package, whether that’s with or without the omni and it’ll probably be in the omni then we may not have extenders.”