Below is from FNC’s John Brandt —
Off cam comments from two Sen Dems on the estate tax provisions in president’s fiscal cliff offer
Sen Finance Chair Max Baucus, D-MT, says he opposes the WH position (which would revert estate tax policy back to 2009 levels 45% on assets above $3.5million). He prefers a continuation of current policy (35% on assets above $5 mill).
Sen. Joe Manchin, D-WV, is also opposed to the WH offer on the estate tax.