On June 22 the U.S. House of Representatives approved a resolution to consider a bill to permanently eliminate the Estate Tax (skillfully spun by the Republican neo-cons as "death tax").

If Congress approves this bill and it is signed into law, it will mean our treasury will realize an additional deficit of  $283,000,000,000 (that's BILLION) over the next decade, a time when our soaring national deficit can least afford this additional blow.