Estate tax emerges as key Democratic beef in Obama’s compromise
Washington (CNN) — House Democrats will allow a vote on the tax compromise reached by President Barack Obama and Republicans but will try to change the deal, especially an estate tax provision they believe is beneficial to the wealthy, one of their leaders said Sunday.
Rep. Chris Van Hollen of Maryland, who heads the Democratic Congressional Campaign Committee, told reporters that the package will get a vote in the House despite a threat by House Democrats last week to prevent it from reaching the floor.
12/12/10
About the Author(s)
Magnolia Tribune
This article was produced by Magnolia Tribune staff.
More Like This
More From This Author
Next Story
News
|
Adriana Morga, Associated Press
, Wyatte Grantham-Philips, Associated Press
•
October 9, 2026
What to know about Trump Accounts and automatic enrollment
Due to automatic enrollment, the Treasury Department says that every eligible child with a valid Social Security number has a Trump Account. But parents and legal guardians would still need to formally activate the accounts if they haven’t already.