Bill Nelson: “I rise to speak of my opposition to the amendment offered yesterday by Senator Dodd, which would replace the estate tax…”

“I rise to speak of my opposition to the amendment offered yesterday by Senator Dodd, which would replace the estate tax repeal in order to partially pay for nontransportation infrastructure programs and save for debt reduction. I strongly support responsible tax cuts and a full repeal of the estate tax. Even though paying down the national debt is one of my top priorities, I could not support an amendment that does not reflect my position of support for total repeal of the estate tax. I opposed this amendment because the revenue offset did not meet this criterion.”