Marc Gerson was quoted regarding the fate of the so-called tax extenders this year following Congress returning from its August recess. Congress must decide how to handle a package of tax breaks that typically expire at the end of each year and have to be renewed. The House passed a series of bills that would make many of the more than 50 extenders permanent, and the Senate passed a two-year extension just prior to the August recess. These different approaches will need to be reconciled prior to the end of the year. "The best-case scenario is that extenders are addressed by the end of the year," Gerson said. "Most likely, it will be a one-year extension and expire in January."