Minimum Wage, Estate Tax Bill Could See Another Senate Vote This Fall - KLTV.com - Tyler, Longview, Jacksonville |ETX News

8/4/06-Washington, D.C.

Minimum Wage, Estate Tax Bill Could See Another Senate Vote This Fall

A proposal to combine a minimum-wage increase with a break in the so-called death tax is dead for now.

But the issue could come up in the Senate again this fall, thanks to a maneuver by Majority Leader Bill Frist.

The Senate last night failed to get the 60 votes necessary to approve a bill fusing the tax cut for multi (m) million-dollar estates, with a two-dollar-ten-cent minimum wage increase spread over three years. The current five-15 minimum hasn't changed in a decade.

When it was clear the measure wouldn't pass, Frist switched his vote from "yes" to "no" in a maneuver preserving his right to bring the bill up for debate again this fall.

For Republicans, the legislation could have diluted a campaign issue for Democrats. Republicans also know the estate tax may have an uncertain future if they lose seats in the November elections.

Most Democrats criticize Republicans for trying to use a wage increase to deliver a tax cut to the rich.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistribute

 

Posted By 6pm News Producer Kelly Hefelfinger khefelfinger@kltv.com

  • NewsMore>>

  • Day 3 of Troup Murder Trial: Scales takes the stand

    Day 3 of Troup Murder Trial: Scales takes the stand

    Thursday, July 20 2017 10:01 PM EDT2017-07-21 02:01:06 GMT
    The defendant, Joshua Scales, takes the stand to testify today in the Smith County Courthouse.The defendant, Joshua Scales, takes the stand to testify today in the Smith County Courthouse.

    On Thursday, Joshua Scales, an East Texas man charged with murder, took the stand to testify on day three of the trial. Joshua Scales is on trial for the summer 2016 murder of Jordan Ladue in Troup. 

    More >>

    On Thursday, Joshua Scales, an East Texas man charged with murder, took the stand to testify on day three of the trial. Joshua Scales is on trial for the summer 2016 murder of Jordan Ladue in Troup. 

    More >>
  • SFA picked sixth in preseason poll; Jacks take part in SLC Media Day

    SFA picked sixth in preseason poll; Jacks take part in SLC Media Day

    Thursday, July 20 2017 8:25 PM EDT2017-07-21 00:25:09 GMT
    SFA football picked ot finish sixth in the SLC.SFA football picked ot finish sixth in the SLC.

    With the beginning of Stephen F. Austin's 91st season of football rapidly approaching, head coach Clint Conque, junior defensive lineman Lamont Alexander and sophomore wide receiver Tamrick Pace completed the first official football event of the year by taking part in the 2017 Southland Conference Football Media Day at Hilton Americas in Houston.  After learning they were picked to finish sixth in the 2017 Southland Conference preseason poll...

    More >>

    With the beginning of Stephen F. Austin's 91st season of football rapidly approaching, head coach Clint Conque, junior defensive lineman Lamont Alexander and sophomore wide receiver Tamrick Pace completed the first official football event of the year by taking part in the 2017 Southland Conference Football Media Day at Hilton Americas in Houston.  After learning they were picked to finish sixth in the 2017 Southland Conference preseason poll...

    More >>
  • Prayers asked for severely injured Lone Star firefighter

    Prayers asked for severely injured Lone Star firefighter

    Thursday, July 20 2017 8:21 PM EDT2017-07-21 00:21:22 GMT
    (Source: Linda Shirley Campbell)(Source: Linda Shirley Campbell)

    An East Texas community is coming together after a volunteer firefighter was severely injured.  

    More >>

    An East Texas community is coming together after a volunteer firefighter was severely injured. 

    More >>
Powered by Frankly