House GOP eyes permanent tax cuts
By Bernie Becker, The Hill.
House Republicans are plotting how to add a string of permanent tax cuts to a package that would simultaneously pour billions of dollars into the Highway Trust Fund and revamp international tax rules for business.
GOP lawmakers have been seeking for years to extend for good some of the dozens of tax breaks that routinely expire every year or two. They came close last November, before President Obama and a group of congressional Democrats scuttled an emerging deal between then-House Ways and Means Chairman Dave Camp (R-Mich.) and then-Senate Majority Leader Harry Reid (D-Nev.).
Rep. Dave Reichert (R-Wash.) said this week that House Ways and Means Chairman Paul Ryan (R-Wis.) was eyeing the highway bill as a potential vehicle, given that lawmakers have to act by the end of October.