Thursday, October 07, 2004

Conferees Agree on Corporate Tax Bill (washingtonpost.com)

Conferees Agree on Corporate Tax Bill (washingtonpost.com): "Conferees Agree on Corporate Tax Bill
By Jonathan Weisman
Washington Post Staff Writer
Thursday, October 7, 2004; Page A05
House and Senate negotiators agreed yesterday on an ambitious corporate tax bill that would shower billions of dollars in tax breaks on beneficiaries from old-line manufacturers to Alaskan whalers to gamblers from overseas -- and includes a controversial $10 billion buyout of the nation's tobacco farmers.
The bill could be taken up by the full House as soon as today and passage is expected. Opponents could filibuster in the Senate over the tobacco farmer buyout, but Senate Majority Leader Bill Frist (R-Tenn.) expressed confidence that the bill will be sent to the White House before Congress adjourns for the final weeks of the campaign. "

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