Before leaving Washington for the Memorial Day recess, the House passed a scaled back version of a bill extending several tax and spending provisions while the Senate passed a supplemental appropriations bill, though neither bill cleared both chambers. This has set the stage for further action and negotiations between the House and Senate as Congress works to send the bills to the President. For more information on these and other issues, see the update we posted last week on The Tabulation, Concord’s blog.
External links:
Congressional Budget Office’s scoring of H.R. 4213
Joint Committee on Taxation’s scoring of H.R. 4213