Is there a more bizarre legislative process anywhere in the world? The US Congress is practically able to pass only a single giant bill every year. To work around its own deficit rules, these bills are packed with taxation time bombs where rules have expiration dates or delayed starts several years in the future. Then, if Congress doesn’t get around to defusing its own time bombs, you get situations like this R&D exp…
It's not a time to be watching though, but to act.