The U.S. Senate Finance Committee is nearing a bipartisan agreement to continue dozens of lapsed and expiring tax breaks, including benefits for corporate research and wind energy.
Committee members met in private yesterday and today. Many of the tax breaks, including the research credit, expired at the end of 2011.
"We're very close" to bringing a proposal to the committee for a vote, Senator Max Baucus, a Montana Democrat and chairman of the committee, said today in Washington.
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