The Senate Finance Committee's passage on August 2 of legislation extending tax cuts known as "extenders" came as a welcome surprise to many. The package, cobbled together in the final week before the August recess by Committee Chairman Max Baucus (D-Mont.) and ranking member Orrin Hatch (R-Utah), would extend dozens of tax provisions set to expire at the end of the year. It cleared the committee by a bipartisan 19-5 vote.
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