Extending Tax Breaks Priority for Senate Finance Chairman

Extending U.S. tax credits and deductions is a priority for new Senate Finance Committee Chairman Ron Wyden, even as he indicates there won’t be any major tax changes for individuals or businesses this year.

“My hope is that we can get them re-enacted promptly,” Wyden said of the tax breaks in an interview on Bloomberg Television’s “Political Capital with Al Hunt” airing this weekend. “Then use them as a bridge to more comprehensive reform.”