Ryan unveils sweeping $1.6T deal on government funding, taxes
Source: TheHill
Ryan unveils sweeping $1.6T deal on government funding, taxes
By Scott Wong,Mike Lillis and Alexander Bolton - 12/15/15 09:55 PM EST
Speaker Paul Ryan (R-Wis.) announced to the House Republican Conference on Tuesday night that leaders have reached a sweeping year-end deal on taxes and funding the government after days of intense negotiations.
The full text of the 2009-page omnibus bill was posted online early Wednesday morning at about 1:30 a.m. The delayed posting of the omnibus text means that in order to adhere to the so-called "three-day rule," House GOP leaders will have to wait until Friday to hold a vote on the legislation.
Lawmakers had exited a Tuesday night House GOP conference meeting with the expectation of voting Thursday on the spending package. But Ryan is unlikely to want to waive the self-imposed rule less than two months into his speakership on such a massive bill, meaning the vote will likely slip to Friday. In the meantime, the House and Senate are expected to easily clear another stopgap measure to keep the government funded through Dec. 22. Current funding expires Wednesday night.
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Democrats in turn won provisions that would keep the 2009 expansions of the child tax credit, earned income tax credit and American opportunity tax credit for college tuition, all core pieces of President Obama’s stimulus law, on the books indefinitely.
Read more: http://thehill.com/homenews/senate/263374-leaders-clinch-deal-to-push-back-obamacare-taxes
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Hendrix? 
