Ways and Means, Finance Committees Negotiating on Tax Extenders Package, but Brady Says Progress Halting
Rep. Ron Kind, D-Wis., a senior Democrat on the House Ways and Means Committee and supporter of the Craft Beer Modernization Act, said that renewing the excise tax break for alcohol producers (see 1911270048) is part of the tax extenders package the Ways and Means and Senate Finance committees are working on. He said in an interview that Democrats in the House are trying to identify spending or revenue offsets for the tax breaks that might appeal to Senate Finance Chairman Chuck Grassley, R-Iowa, “so we can move forward on it.” He said they're looking at a one- or two-year extension for the Craft Beer Modernization Act, depending on what the whole extenders package looks like.
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House Majority Leader Steny Hoyer, D-Md., said at a press conference that while Ways and Means Chairman Richard Neal, D-Mass., would like to get a tax extenders package passed this month, “we have a lot on our plate.” He said Neal and Grassley have not reached agreement on an approach. Ways and Means ranking member Kevin Brady, R-Texas, said progress is slow on the negotiations. “We're trying to make progress here,” he said during a press conference Dec. 4. “The main problem is that requests of unrelated spending is so huge and unrealistic, it's prevented the discussions on the package itself. When that narrows down, I'm hopeful we can find a solution.”