Read previewThere might be welcome tax news for parents and businesses soon — if legislators are finally able to wrangle a deal.
"We've made a substantial kind of progress," Wyden told Semafor.
AdvertisementRyan Carey, a spokesperson for Wyden, told BI last week that discussions were "ongoing" and "productive."
At the same time, Democrats have been pushing for some renewal of pandemic-era expansions to the Child Tax Credit that expired in December 2021.
Wyden told Semafor that he'd want the package in front of President Joe Biden by January 29, when filing season begins.
Persons:
—, Ron Wyden, Jason Smith, Semafor's Joseph Zeballos, We've, Wyden, Semafor, Smith, Ryan Carey, Carey, Spokespeople, Donald Trump's, Joe Biden
Organizations:
Service, Senate, Democrat, Tax, Business, Senate Finance, Child Tax, American, Child, ARP CTC