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House Said to Plan Reviving Lapsed Tax Breaks Through 2014

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The U.S. House of Representatives will probably vote this week to revive dozens of lapsed tax breaks and extend them only through the end of this year, said two Republican congressional aides.

The move reflects Republicans’ calculation that a $400 billion-plus bipartisan proposal that collapsed last week probably can’t be resurrected and would face an uncertain future in the House even if it could. That tentative agreement would have made permanent some major business tax breaks, including the research-and-development tax credit and expanded capital write-offs for small businesses.