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Marc Gerson Quoted in National Journal’s Congress Daily Regarding the Status of the Tax Extenders Package

Subtitle
"Taxes: Grassley Hits Reid on Biodiesel Credit"

Congress Daily

Marc Gerson comments on the decision by Senate Majority Leader Harry Reid to remove the tax extenders package from the Senate jobs legislation. Gerson notes that extension of a number of the provisions in the package, such as the research and development credit and the subpart F provisions, are critical. He says the fact that those provisions remain in limbo is affecting companies' investment decisions and their financial statements.