Last-minute lame-duck deals create lots of winners and some losers
- December 19, 2014 |
- LORI SHARN BRYANT
‘Cromnibus' and tax-extension bills are loaded with provisions sought by association lobbyists, but leave some groups dismayed Graves Sampson Some associations are giving thanks, while others are expressing "profound disappointment" in the final actions—or inaction—of U.S. lawmakers wrapping up their two-year session in December. Congress passed a $1.1 trillion spending bill dubbed the "cromnibus" loaded with provisions sought by lobbyists for various groups and industries. A few days later, Congress passed a $42 billion package extending tax breaks retroactively for 2014—but not for 2015. A sample of the winners and losers, and those with more nuanced reactions:… Read More