The Run-up to Recess, Part 2
In reference to yesterday's post, we have recently learned the House will vote on pension reform legislation (now called H.R. 4) tonight or early tomorrow morning, which will include the scaled-back charitable package. (For a list of what's in the package, e-mail me.)
The House will also vote on separate legislation (the so-called "trifecta" bill), which includes tax “extenders,” minimum wage provisions and a permanent reduction in the estate tax.
The fate of these two bills in the Senate is largely unknown. Majority Leader Frist said he will allow a vote on H.R. 4 only AFTER the "trifecta" bill is approved, and it's still unlikely that legislation containing an estate tax reduction can garner the requisite 60 votes in the Senate. More on this soon.
Also, it looks like "sunset commission" legislation will be tabled until September. Very good news there.
The House will also vote on separate legislation (the so-called "trifecta" bill), which includes tax “extenders,” minimum wage provisions and a permanent reduction in the estate tax.
The fate of these two bills in the Senate is largely unknown. Majority Leader Frist said he will allow a vote on H.R. 4 only AFTER the "trifecta" bill is approved, and it's still unlikely that legislation containing an estate tax reduction can garner the requisite 60 votes in the Senate. More on this soon.
Also, it looks like "sunset commission" legislation will be tabled until September. Very good news there.
<< Home