An industry advocate says he remains hopeful that lawmakers will pass a long-sought tax break for contractors later this year, even though Gov. Scott Walker vetoed the provision from the state’s budget.
The Senate's tax-writing panel is moving to revive dozens of tax breaks for businesses such as biodiesel and wind energy producers, even as the GOP-controlled House trumpets symbolic legislation to erase them and create a new tax code with lower rates and fewer special interest tax breaks.
Negotiators on Capitol Hill will try to extend a payroll tax cut worth about $1,000 this year for a typical worker through the end of the year. But they remain far apart on how to pay for the extension, and for jobless benefits for millions, without swelling the national debt.