is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

  • American Agriculturist
  • Beef Producer
  • Corn and Soybean Digest
  • Dakota Farmer
  • Delta Farm Press
  • Farm Futures
  • Farm Industry news
  • Indiana Prairie Farmer
  • Kansas Farmer
  • Michigan Farmer
  • Missouri Ruralist
  • Nebraska Farmer
  • Ohio Farmer
  • Prairie Farmer
  • Southeast Farm Press
  • Southwest Farm Press
  • The Farmer
  • Wallaces Farmer
  • Western Farm Press
  • Western Farmer Stockman
  • Wisconsin Agriculturist
Senate Debates Tax and Unemployment Bill

Senate Debates Tax and Unemployment Bill

Floor vote expected soon.

Tuesday, the Senate focused on debating the tax cuts and unemployment package after voting on Monday to limit debate.  The bill could soon come up for a floor vote.  Once the Senate passes the bill, HR 4853, could be brought to the House floor one day later. That's where trouble could be waiting as some House Democrats are considering ways to toughen estate tax language. In fact, a Democratic Aide says House leaders have not decided whether or how to amend the bill coming out of the Senate.

Wall Street is closely monitoring the developments, and Republicans have made clear the negotiations could be even tougher if they extend into next year. Once the GOP takes control of the House in the 112th Congress, party leaders could seek a permanent repeal of the estate tax.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish