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House Approves Death Tax Relief



Additionally, the House voted to boost the nation's minimum wage for the first time in nine years and extend several business tax breaks. It also voted 279 to 131 to approve the most sweeping overhaul of the nation's pension laws in 30 years.

At about 1:30 AM on Saturday, House members voted 230 to 180 to raise the minimum wage to $7.25 an hour, from the $5.15 rate on the books since 1997. The bill also would exempt from taxation all estates worth as much as $5 million

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