Update from Washington

Here is the latest from Washington: Lincoln/Kyl – The offices of Senators Blanche Lincoln (D-AR) and Jon Kyl (R-AZ) are working to finalize their estate tax relief proposal. We are in regular contact with our allies on the Hill as they work through the specifics....

Recess Begins, Congress Plans for Busy September on Taxes

The Senate has gaveled out for the August recess without further action on the small business bill that Senators Blanche Lincoln (D-AR) and Jon Kyl (R-AZ) sought to amend to include estate tax relief. The House has planned to meet briefly the week of August 9 to vote...

Senate to Begin Consideration of Small Business Bill

Senate consideration of the small business bill (HR 5297) is expected to begin on July 20. On July 17, Majority Leader Harry Reid (D-NV) announced that he had reached an agreement with Republicans on permitted amendments, although it remains to be seen whether he will...

Senate Passes PAYGO Amendment Affecting Estate Tax Offsets

Dear Supporters: On a party-line vote, today the Senate accepted Senate Majority Leader Harry Reid’s (D-NV) amendment to re-impose a statutory pay-as-you-go (PAYGO) requirement that spending increases and revenue decreases be offset by equal amounts of spending...

Political Landscape Changing in Washington

Tuesday’s come-from-behind election victory for Scott Brown (R-MA) to Senator Ted Kennedy’s seat (D-MA) has changed the game on a number of issues on Capitol Hill, most notably health care reform, but it also will likely have ramifications for us as well. Over the...

In Context of Jobs, Parties Negotiate Timeline of Estate Tax Reform

The House and Senate have halted legislative business for the week due to the historic snowstorm. Both chambers will be on recess next week for the Presidents’ Day holiday and are scheduled to return the week of February 22. The Senate did manage to accomplish some...