With less than a week to go until the Treasury is unable to pay its bills, and tonight's House vote on the Boehner plan seemingly delayed, it's unclear how the current debt limit crisis will be resolved. In a new commentary, I discuss the prospects of various compromises that have been proposed, and describe some other possible outcomes.
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Today, for the first time in ten years, the U.S. House of Representatives has voted to repeal the federal estate tax. The final vote on HR 1105 was 240-179, with 233 Republicans and 7 Democrats voting yea. The bill was...