Grassley's Tax Package Faces Opposition

Grassley's $68.8 billion tax package will face tough opposition in the Senate Finance Committee, and there is a chance the measure will be stalled in committee due to the opposition of Sen. Olympia Snowe (R-ME). Snowe specifically objects to the extension of the tax cut in dividends, and views the inclusion, along with other Democrats, as unnecessary. If Snowe votes with the Democrats, the measure will stall in committee. Ranking member Max Baucus (D-MT) said he doubts Grassley has the votes to approve the package. New York Times: Tax Proposal By G.O.P. Would cut $70 Billion (11.9.2005)
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