WASHINGTON--The Independent Insurance Agents and Brokers of America voiced disappointment yesterday after the Senate failed to approve legislation that could have led to repeal of the estate tax.
But IIABA officials said they appreciated the efforts of the bill's backers to win its passage and they are urging "continued work toward a solution."
Efforts to limit debate on the bill failed by a 57-41 vote, with 60 votes needed for passage.
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