The leaders of the Senate Finance and the House Ways and Means Committees have reached agreement on a tax package aimed at providing nearly $5 billion in tax relief for small businesses.
The catch is that the relief is tied to the minimum wage increase in a supplemental spending bill that is up for debate in Congress sometime this week. Senate Finance Committee Chairman Max Baucus has said that even if President Bush vetoes the package, the tax provisions will see the light of day again.
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