There are additional signs The Tax Act will pass as is. House Majority Leader Hoyer states the House will have a vote on an amendment changing the estate tax provisions to the 2009 level ($3.5M exemption, etc.). However, would likely be a symbolic vote of protest. Might not even pass if enough Blue Dog Democrats join all the Republicans (bet you a lunch even my hero spending hawk Rep. Flake will even vote in favor) Even if the amendment passes, the 83-13 vote on cloture in the Senate and the public opinion polls showing the American public overwhelmingly favors it indicate the Senate Republicans will then say no. The House will capitulate and they will all go home for Christmas.
December 14, 2010
It Is All Over But the Shouting
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