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What's the latest news for those who have a passing interest on the bill?

Is there any chance at all of this coming to a vote anytime soon?

Don't expect anything until the next session of Congress is well underway.

Committee hearings are to be held on the tax reform with focus on the Fair Tax proposal, according to DeLay, and we also need to hear from the President's proposed commission on tax reform, etc before substantive moves can expected to occur.

One factor that appears to be in the works is that HR25 is undergoing a full economic review by the Congressional Research Service. I expect a rate adjustment downward out of that, to bring the legislation in line with making President Bush's tax cuts permanent.

So there are a number of things going on in the background that need to be brought to successful conclusion to prepare for success in both the House & Senate.