News Alert: Budget deal is brimming with special tax breaks

View in your browser     Budget deal is brimming with special tax breaks The Bipartisan Budget Act that Congress is set to pass Thursday is brimming with special tax provisions for a variety of special interests, including racehorse owners, small private colleges and television and film companies. At least two of the tax breaks help the constituents of Senate Majority Leader Mitch McConnell (R-Ky.), who negotiated the deal with Democratic Leader Charles Schumer (N.Y.).  Altogether, the special tax provisions amount to $17.4 billion over the next four years, with most of the costs incurred, $13.3 billion, in fiscal year 2018, according to an analysis released by the Joint Committee on Taxation. Read the full story here         SPONSORED CONTENT   Healthcare Leadership Council  Over 55 Million Seniors Need the Senate to Protect Medicare. The Time is NOW for the Senate to Listen to America’s Seniors and Pass the IPAB Repeal. Protectmedicarenow.org             Did a friend forward you this email? Sign up for News Alerts     Forward News Alerts       Privacy Policy  |  Manage Subscriptions  |  Unsubscribe  |  Email to a friend  |  Sign Up for Other Newsletters   The Hill 1625 K Street, NW 9th Floor, Washington DC 20006 ©2016 Capitol Hill Publishing Corp., a subsidiary of News Communications, Inc.