NEWS
Senate Passes Tax Extenders
Jerry Hagstrom DTN Political Correspondent
Wed Dec 17, 2014 10:38 AM CST

WASHINGTON (DTN) -- The Senate late Tuesday night passed the tax extenders bill, which contains equipment depreciation and renewable fuels tax breaks important to agriculture.

The vote was 76 to 16. The bill was already passed by the House and will now go to President Barack Obama for his signature. The tax-extenders' package was one of the final pieces of business that needed to be resolved before the lame-duck Congress could adjourn.

Several agricultural groups praised the tax-extenders' vote and yet the newly enacted tax provisions will again expire in 15 days. The total tax-extenders package is projected to reduce ...

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