“Congressional negotiations to extend a slate of temporary tax breaks stalled Tuesday when the White House pushed back on a deal under discussion on Capitol Hill,” the Wall Street Journal reports.
“Lawmakers had neared an agreement to make permanent a handful of temporary tax breaks in a deal expected to add $450 billion to the federal budget deficit over the next decade, according to people familiar with the discussions. But the threat of a White House veto quickly halted its momentum.”
[speech_bubble type=”std” subtype=”a” icon=”pwdome.jpg” name=””]The veto pen is still a very powerful tool at the president’s disposal. [/speech_bubble]
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