What: All Issues : Fair Taxation : S Con Res 23. Fiscal 2004 Budget Resolution/Vote to Increase the Amount Provided in Tax Cuts By Accelerating the Repeal of the Estate Tax.
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S Con Res 23. Fiscal 2004 Budget Resolution/Vote to Increase the Amount Provided in Tax Cuts By Accelerating the Repeal of the Estate Tax.
senate Roll Call 62     Mar 20, 2003
Y = Conservative
N = Progressive
Winning Side:
Conservative

One of the first actions Congress takes every year on the budget is to pass the budget resolution: an outline of total spending and revenue for the coming year. The budget resolution Republicans proposed for 2004 included large tax cuts totaling $726 billion. Progressives opposed this tax cut as ill-advised in a weak economy, with the nation heading to war. But to many Republicans, the tax cut was inadequate. Kyl (R-AZ) proposed an amendment that would accelerate the elimination of the estate tax. Under Bush's $1.35 trillion tax cut passed in 2001, the tax was to be phased out gradually, with final (albeit temporary) elimination in 2010. Kyl's amendment changed this final repeal date to 2009. Progressives opposed the overall cut, so they opposed Kyl's amendment as well. However, the amendment was adopted 51-48.

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