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Son of a Glitch: Error Could Derail Tax Deal

Tax Deal Possibly Endangered by Error in Legislation. President Obama on Wednesday urged lawmakers to reach a compromise on tax extenders but a glitch in the bill caused some senators to scramble for a correction without endangering its outcome. Sen. Mary Landrieu, D-La., came to the Senate floor Wednesday to announce a "mistake" in the legislation. She said a program to extend low income housing tax credits for people who lost homes during Hurricanes Katrina and Rita was left out of the bill even though it was a deal that all sides approved. Landrieu said the money is needed for 2 more years to complete the projects and its inclusion was blessed by the White House and the entire Louisiana delegation of nine lawmakers, two Democrats and seven Republicans. Finance Committee Chairman Max Baucus, D-Mont., followed to say that she was right.

View Source: http://www.foxnews.com/politics/2010/12/15/senate-vote-package-extending-bush-tax-cuts/