Senate Finance Committee Chairman Ron Wyden (D-OR) said that he is hoping to release a tax extenders bill on March 31 and that the committee will mark the bill up later that week. Wyden said that the provisions in his mark would be renewed through the end of 2015. However, the Chairman did not release specific details on what would be in the package. According to reports, the bill would not be paid for and would not include all of the expired provisions.
Wyden said, “I personally am attracted to a two-year approach because that would give us a run-up to tax reform, but again I don't want to speak for the committee and any of my colleagues until I've had a chance to talk with them.” Wyden added, “I want people to understand that there is bipartisan interest and [that I'm] not just saying, 'Let's re-up for all the stuff that's on the books that constitutes these extenders.'"
Today, Wyden said, “I am hopeful that we can reach a bipartisan agreement on extenders in the days ahead. This means jobs and much needed certainty for families and businesses alike. But let me be clear – I’m determined that this is the last time we do extenders and would like to leverage this last extension to reform the broken tax code.”