Tax Extenders Could be Brought up in 2015, Disaster Assistance Helps 2,500
- In what’s becoming a Christmas tradition for Congress, no one has budged to help move expired tax breaks along.The Hill reports both sides want to wrap up talks soon over the so-called tax extenders which come up about every two years for re-authorization.
If a deal between the two chambers can’t be reached, House Republicans are saying the best they might be able to do is extend tax breaks that expired at the end of 2013 only through the end of this year. Once the Republicans gain control of the Senate in 2015 the issue could be revisited.
- USDA Disaster Assistance announced Monday they will help 2,500 producers with emergency assistance for losses previously not covered under farm bill programs.The assistance comes through the Emergency Assistance for Livestock, Honeybees, and Farm-Raised Fish Program for losses suffered from October 1st, 2011 through September 30th of 2013.
The program, re-authorized by the 2014 Farm Bill, provides disaster relief to livestock, honeybee, and farm-raised fish producers not covered by other agricultural disaster assistance programs.