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House Defeats Democratic Estate Tax Alternative
The House rejected a Democratic proposal to ease the estate tax burden as Bush's tax cuts edge forward. Republican Sen. James Jeffords warned he may oppose the package. The House has passed tax cuts totaling about 1.5 trillion dollars, close to Bush's 1.6 trillion limit, while the Senate waits amid cost concerns and debates on priorities.
MENTIONED IN THIS ARTICLE
James Jeffords
Vermont
Bush
House
Senate
Dick Gephardt
D-Mo
Charles Rangel
New York
Ways and Means Committee