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Majorities in both chambers are apparently willing to approve extending them for four years.
As a pressure tactic, Israeli officials have been setting such deadlines, and extending them, for years.
Extending them for the next 10 years would add about $3.8 trillion to a growing national debt that is already the largest since World War II.
First, let the Bush-era tax cuts expire for taxpayers making more than $250,000, while extending them for everyone below that level — as President Obama has proposed.
Extending them for another decade would cost nearly $4 trillion, and more counting the interest on that increase to the federal debt.
The duties of 43.6 percent will stay in place for up to six months while the commission considers extending them for another five years.
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Under Congressional rules, the Ethics Committee had 45 days to take action or extend them for further review.
Even with its hit shows, the company is neither making much money nor has the flexibility to extend them for longer runs.
Major provisions of the 1996 law expire on Sept. 30, but Congress could extend them for a few months, as it has done several times in the last year.
President Obama, who promised to repeal Bush-era tax cuts for the wealthy, agreed to extend them for another two years.
That compromise would allow the Bush tax cuts to expire for the top 2 percent of households, while it would extend them for everyone else.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com