'Death tax' repeal approved
© Greg Nash

The Senate approved a budget amendment Thursday that supports a repeal of the estate tax. 

Senators voted 54-46 on the amendment. Sen. Susan CollinsSusan Margaret CollinsFunding for victims of 'Havana syndrome' to be included in Pentagon bill  The Hill's Morning Report - Presented by Uber - Biden makes his pitch as tax questions mount Emanuel defends handling of Chicago police shooting amid opposition to nomination MORE (R-Maine) broke rank and voted against the amendment, while Sen. Joe ManchinJoe ManchinOvernight Energy & Environment — Presented by American Clean Power — Dems see path to deal on climate provisions Overnight On The Money — Senate Democrats lay out their tax plans Overnight Health Care — Presented by Altria — FDA advisers endorse Pfizer vaccine for kids MORE (D-W.Va.) voted for it. 

The amendment, offered by Sen. John ThuneJohn Randolph ThuneThune endorses Herschel Walker in Georgia Senate race Democratic frustration with Sinema rises Senate Republicans raise concerns about TSA cyber directives for rail, aviation MORE (R-S.D.), aims to repeal the estate tax, sometimes referred to as the "death tax." Under the tax, an estate, or assets, have to be worth more than $5.43 million before they are taxed.  
 
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Thune, ahead of the vote, said "a death in the family should not be a taxable event. ... It also hits farmers particularly hard." 
 
Sen. Bernie SandersBernie SandersOvernight On The Money — Senate Democrats lay out their tax plans Overnight Health Care — Presented by Altria — FDA advisers endorse Pfizer vaccine for kids Manchin: 'I think we'll get a framework' deal MORE (I-Vt.) fired back that "this amendment is not about family farms or small business. This amendment exclusively the wealthiest 0.3 percent of the families in this country." 
 
Like many votes taken during the "vote-a-rama," the approval isn't binding, but it sets the stage for a decision later in the appropriations process.