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 This material may not be published, broadcast, rewritten, or redistribute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

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