Initiatives Week Fails: "The Conservative Base Will Appreciate The Fact That We Are Trying"…
LA Times Richard Simon June 9, 2006 at 10:57 AM
READ MORE: 2006
The long-standing Republican drive to permanently abolish the federal estate tax came up short in the Senate on Thursday, the latest in a string of defeats for key elements of the GOP agenda.
Repeal of the estate tax, which applies to large inheritances and affects a small segment of the population, was waylaid on a procedural vote. But Republican senators vowed to continue the fight.
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