Congress Reaches Year-End Deal on Taxes and Spending

December 16, 2015
  • Industry News

Congressional leaders on Tuesday night reached agreement on a year-end spending and tax deal that would prevent a government shutdown and extend a series of tax breaks that benefit businesses and individuals, according to lawmakers.

House Speaker Paul D. Ryan (R-Wis.) walked members of the House GOP conference through the deal at a meeting Tuesday night.

"Paul Ryan made a compelling case to support it tonight," Rep. Reid Ribble (R-Wis.) said after leaving the session. "He feels that it’s time to start fresh, that we increase our hand and we’ll have better negotiating position if we have a strong Republican vote this year."

Read more at The Washington Post: https://www.washingtonpost.com/news/powerpost/wp/2015/12/15/congress-reaches-year-end-deal-on-taxes-and-spending/