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July 20, 2006
REID: THE SENATE WILL REJECT ESTATE TAX GIVEAWAYS IN THE PENSIONS BILL
Washington, DC – With reports that Republicans are working to sneak billions of dollars in estate tax giveaways into the Pensions Conference Report, Senate Democratic Leader Harry Reid released the following statement:
“For over four months, American workers, retirees and businesses have been waiting patiently for the Republican Congress to deliver a pensions bill that will provide retirement security to millions of Americans. Now, instead of delivering those workers a clean bill, Republicans are desperately trying to satisfy a privileged few by providing them hundreds of billions in additional estate tax breaks. Fiscally irresponsible estate tax giveaways have been rejected by the Senate before and will be rejected again. We need a Congress that works for all Americans, not one that abuses the system to satisfy the special interests. I hope my Republican colleagues will move in a new direction by dropping the estate tax giveaway so we can quickly pass the pensions conference report. It is time to put American workers before special interests.”
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The Senate will convene at 2:00 p.m. and will be in a period of morning business with Senators permitted to speak for up to 10 minutes each.
The Senate may proceed to consideration of H.R. 5385, the Military Quality of Life and Veterans Affairs Appropriations Act during Monday's session.
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