Republican congressional leaders have included the “death tax,” private Social Security accounts, health savings accounts and long term care insurance on their priority list for the new term.[@@]
Senate Majority Leader William Frist, R-Tenn., released the legislative priority list here Monday.
The authors of the list emphasize broad goals rather than policy details.
The authors of the list give no information, for example, about how congressional leaders want to pay for permanent elimination of estate taxes or how they want to structure the proposed private Social Security accounts.
But the authors mount a vigorous attack on the idea of letting estate taxes return in 2011, when provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 that would phase out the estate tax expire.