POLITICS
11/29/2010 10:11 am ET Updated May 25, 2011

Estate Tax Debate Looms: GOP, Blanche Lincoln Want Major Cuts

A new tax on multimillion-dollar estates may emerge as the final hurdle to a deal that preserves most or all of former President George W. Bush's tax cuts, analysts said. Congress has unsuccessfully sought at least a half-dozen times to resolve the issue since 2000, including an abandoned effort last December to prevent the estate tax's expiration.

Read more on Bloomberg