Date: May 21, 2001
Subject: Capital Gains Tax Rate Reduction
Description: Gregg (R-NH) motion to allow consideration of his amendment to the tax cut bill. His amendment would provide for a temporary reduction in the maximum capital gains rate from 20 percent to 15 percent, to stimulate the economy. The motion would have required 60 votes to pass under budget rules.
Result: Motion Rejected, 47-51
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