Capitol Watch: Prospects Dim for Action on Extender Bill Before Fourth of July Recess

(UPDATE) Senate leaders introduced another pared-down version of H.R. 4213, the American Jobs and Closing Tax Loopholes Act of 2010 (the extender bill), on Thursday, June 24. Funding for the National Housing Trust Fund and the several Low Income Housing Tax Credit provisions remained in the bill. Unfortunately, another cloture vote on June 24 failed 57-41, signaling that even the new version would not attract the 60 votes required to move the bill forward. Most likely the bill will not be taken up again until after the July 4 recess.