Congress Urged To Move On Bonus Depreciation
House and Senate congressional leaders are being urged to renew the 50% bonus depreciation that expired in December in a letter sent last week by a coalition of aviation, construction and manufacturing associations.
In February, Reps. Todd Tiahrt (R-Kan.) and Chris Carney (D-Pa.) tried to jump-start a measure to extend bonus depreciation via a letter to Ways and Means Committee Chairman Charles Rangel ...