Negotiations between Democratic and Republican leaders continued today over an omnibus spending bill and permanent tax extenders legislation. Senate Minority Leader Sen. Harry Reid (D-NY) released a statement saying that “we’re continuing to work towards a bipartisan compromise on the omnibus and the tax extenders.” Senator Reid stated that “the only major outstanding issue . . . [is] raising the export ban on crude oil,” which Democrats would only consider if adopted alongside policies intended to reduce carbon emissions and encourage use of renewable energy. Mr. Reid also stated that: “We don’t have the legislative language yet on the tax package . . . . At this pace, we’re going to be here through Christmas.”
Senate Majority Leader Mitch McConnell (R-KY) said, in a statement to the press, that he hoped to conclude negotiations over the omnibus bill and tax extenders package today and expected that bills would be posted later tonight.
Meanwhile, Democratic House leaders offered negative reactions to the proposed extenders bill. Representative Steny Hoyer (D-MD), the Democratic whip, said in a floor statement today that he would oppose a permanent, unpaid-for tax extenders package, including the tax extenders bill that has been proposed by Republicans.