House Speaker Paul Ryan, Senate Majority Leader Mitch McConnell and Minority Leader Harry Reid led negotiations over the year-end spending and tax package
Here’s What’s in Congress’ Spending and Tax Package
By Heritage Foundation Josh Siegel——Bio and Archives--December 16, 2015
Congressional leaders announced the details of a $1.1-trillion spending bill to fund the government on Tuesday night. But with spending levels already predetermined, lawmakers were more concerned with what policy provisions were attached to the legislation.
The spending legislation will be introduced with a package renewing billions of dollars in tax breaks for businesses and low-income Americans. Text of the 2,009-page spending bill was released at 2 a.m. Wednesday; the separate 233-page tax-extenders bill was released just before midnight.
The result of the secretive negotiations is compromise, with both Republican leadership and Democrats claiming wins.
More...
The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.
