Senate to Confirm Treasury Hill Liaison
Congress will likely leave key tax legislation unresolved before lawmakers leave for the holidays this week.
A handful of tax breaks are expected to expire at the end of the year, despite bipartisan interest in their renewal. Leadership has been juggling competing priorities, such as advancing annual defense policy legislation as well as funding most of the government past the end of next month, while tax writers prioritized trade deals and crypto negotiations.
Left in the lurch are employers who get tax benefits from providing office snacks or hiring workers who typically struggle ...