Marc Gerson discusses how Congress' current focus on reducing the federal budget deficit may postpone until 2012 the annual push to pass a tax extenders package for expiring corporate tax breaks. "Although the package in some instances is enacted on a retroactive basis--as it was last year for 2010--it is preferable to have the package extended before then to provide certainty such that taxpayers can plan their research and development budgets and capital investment plans" for next year, said Gerson, a former Ways and Means Committee tax counsel.