Commentary on Failed Estate Tax Repeal Effort

By Gary Bass, executive director, OMB Watch
Today, the Senate voted to stop debate on legislation to repeal the estate tax, holding at bay once again the well-funded 20 year campaign to kill the tax. OMB Watch applauds those senators who voted to preserve the estate tax and save the American people $1 trillion in the process. Opponents of the estate tax will continue their push and will now likely turn to "reform" as a backdoor to gutting the tax.

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Iraq Supplemental Delayed Over Discretionary Cap Disputes

The FY 2006 emergency supplemental bill to fund war efforts in Iraq and Afghanistan was held up this afternoon because of a dispute over where the Senate should set the discretionary spending limits for FY 2007 appropriations bills. According to CQ Today, a spokeswoman for Senate Appropriations Committee Chairman Thad Cochran (R-MS) "confirmed that a resolution 'deeming' a Senate fiscal 2007 spending cap had not been resolved. She said it would be difficult to reach agreement on a final bill without a deeming resolution attached to it."

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Congress Says Send Money, Not Your Opinion

The Chief Administrative Officer of the U.S. House of Representatives recently announced the availability of an "enhancement" to the House's “Write Your Rep” system that challenges constituents with a "logic puzzle" before they are allowed to submit a comment via web form. For an example, go to http://www.house.gov/writerep, select California, and use zip code 93292. At this time, not very many representatives have adopted the logic puzzle challenge, but the numbers are growing.

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Nonprofit To Start Public-Interest Website

One Economy Corp., a nonprofit group, has started a project called the Public Internet Channel, plans to create a website with easily accessible information about public safety, emergency services, education, health and economic opportunities. They believe that much of the content on the Internet is hard to find, especially if you are not web-savvy. See One Economy's existing site.

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OMB Watch Statement on Estate Tax Vote

OMB Watch released the following statement on the vote to table the estate tax repeal debate:

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Senate Rejects Motion to Proceed on Estate Tax Repeal

The Senate just completed a procedural vote on repeal of the estate tax, and the motion was not agreed to. The Republican leadership would have needed 60 votes in order to proceed with consideration of full repeal of the estate tax; the final vote count was 57-41.

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Estate Tax Vote Expect This Morning

The Senate is expected to vote on a motion to proceed to H.R. 8 - full repeal of the estate tax. The vote will likely be very close with Republicans needing 60 votes to begin debate on full repeal. If the vote passes, the Senate will likely reject a full repeal, but may pass a awful so-called compromise that pretty much just as bad as full repeal. For details on the probable breakout of the vote, see my post from yesterday over at TPM Cafe. Senate vote will be on C-SPAN 2.

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Special Guest Posting at TPM Cafe

Today I wrote a "Special Guest" blog posting on the estate tax repeal effort at TPM Cafe - a highly trafficed political blog. TPM Cafe Post: Insanity Week on Capitol Hill In it I discuss a possible vote outcome for the cloture vote tomorrow. Check it out and avail yourself of the opportunity to add comments at TPM Cafe.

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Brennan Center Gets in the Mix Over the Blackwell Rules in Ohio

The Brennan Center is taking on the Blackwell voting rules. Click here for their press release, and here to see their letter to Sec. Blackwell

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TIGTA Praises EO Division for Katrina Work

According to a Treasury Inspector General for Tax Administration June 5 report, the Exempt Organizations unit at the Internal Revenue Service received high marks for handling requests for new tax-exempt organizations following hurricanes Katrina and Rita. The report, The Exempt Organizations Function Effectively Processed Requests for Tax-Exempt Status From Charitable Organizations Supporting Hurricane Relief Reference Number: 2006-10-089, is available online at http://www.tigta.gov.

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