GOP blocks tax extenders bill

The Senate has adjourned until Tuesday when it will go on to other business, but Majority Leader Harry Reid has left the door open to bringing the tax extenders back to the floor if agreement can be reached on amendments.

We will continue to lobby the Republican members of the House and Senate to repeat the message on behalf of our clients that the WOTC is a fraud free tax incentive that employers need and deserve as they continue to create jobs.

Senate Finance Committee Chairman Ron Wyden, D-Ore., issued the following statement regarding Thursday's floor action on the EXPIRE Act.

“Today the Senate voted to punish innovators, punish small businesses, punish homeowners who are underwater with their mortgages, punish returning veterans looking for jobs, and punish students already struggling to pay for college tuition.

Despite today’s actions, the EXPIRE Act continues to be critical and timely legislation that we have to get done. And as I have said before, I continue to be open to narrowly related amendments similar to those added in Committee that strengthen the bill.

In terms of next steps, I am pushing ahead today -- working with my colleagues on both sides of the aisle -- to find a path forward.”