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Bare-Minimum Tax Break Plan Won’t Get Senate Changes, Wyden Says

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The House of Representatives has voted to revive dozens of lapsed U.S. tax breaks only for 2014 and the Senate now looks likely to follow suit within days.

The plan achieves what lawmakers called the bare minimum package needed to avoid delaying tax refunds and unfairly punishing taxpayers. Senate Finance Committee Chairman Ron Wyden, an Oregon Democrat, told reporters today that the U.S. Senate wouldn’t amend the bill, setting the stage for an up-or-down vote, probably within a week.