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Estate Tax Measure Fails To Move

WASHINGTON--The Senate failed late yesterday to garner enough votes to take up a so-called "trifecta" bill that included a provision reforming the estate tax which had the strong backing of property-c

By Arthur D. Postal | Updated on August 04, 2006

WASHINGTON–The Senate failed late yesterday to garner enough votes to take up a so-called “trifecta” bill that included a provision reforming the estate tax which had the strong backing of property-casualty insurance agent trade groups.

However, Senate Majority Leader William Frist, R-Tenn., a strong supporter of the bill, switched his vote to “no” at the end in a parliamentary maneuver that allows him to preserve the right to bring up the bill again when Congress returns Sept. 5.

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