WASHINGTON — A two-year extension to the Build America Bonds program, as well as extensions to a handful of other bond provisions set to expire at the end of the year, remain in legislative limbo as Senate Democratic leaders this week continue attempts to produce a tax bill that they can pass.
Late Thursday, the Senate voted 56 to 40 against limiting debate on a revised legislative package extending several expiring or expired tax provisions, sending Democrats back to the drawing board. That defeat came just days after the Senate voted down the original measure approved by the House on May 28 by a vote of 215 to 204.
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