Senate panel approves AMT patch as part of stimulus

01/28/2009 | CQ Today

The Senate Finance Committee added a one-year patch for the alternative minimum tax to its portion of the economic-stimulus package. If implemented, the patch adds $70 billion to a package that is already expected to top $825 billion. Sen. Olympia Snowe, R-Maine, was the only Republican to vote in favor of the bill in the 14-9 vote approving the measure.

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