House Approves Revised Extender Package with Expanded Offsets; Senate Action is Expected in June

The House has voted (215 to 204) to approve legislation (H.R. 4213) to
extend a number of popular existing tax incentives, continue benefits for
the unemployed and extend the time for correcting certain pension
shortfalls. Over $44 billion in new taxes would be used to offset a
portion of the cost of these provisions.

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