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A key difference between the House and Senate tax bills that will have to be resolved this week is how they handle the estate tax, which is levied on a small number of multi-millionaires. The House repeals the tax after a few years, while the Senate raises the exemption.

Expand chart

Data: Center on Budget and Policy Priorities; Note: Estimates unavailable for Alaska, Delaware, Idaho, New Mexico, North Dakota, Utah and West Virginia; Chart: Axios Visuals

Sound smart: Many Republicans want to fully repeal the tax, but pushing for even more tax relief for the wealthiest people in America is a politically volatile position to take. Even if supporters try to push hard for full repeal behind the scenes, expect Democrats to be outraged.

The policy: Currently, estates worth more than $5.49 million (or $10.98 million when passed down from a deceased couple) are subject to a 40% tax. The House doubles the size of the estate tax exemption, then repeals the tax after 2024. The Senate doubles the exemption until the tax sunsets beginning in 2026.

Go deeper

The elusive political power of Mexican Americans

Data: Pew Research Center, U.S. Census Bureau; Chart: Michelle McGhee/Axios

Mexican Americans make up the nation's largest Latino group, yet they remain politically outshined by more recently arrived Cuban Americans.

Why it matters: The disparities in political power between Mexican Americans and Cuban Americans reflect the racial, historical, geographical and economic differences within Latino cultures in the U.S.

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Illustration: Sarah Grillo/Axios

Vaccine passports could become available soon to help people resume their livesbut they face numerous scientific, social and political barriers to being accepted.

The big picture: Reliable and accessible proof of vaccine-induced protection from the novel coronavirus could speed international travel and economic reopening, but obstacles to its wide-scale adoption are so great it may never fully arrive.

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Senate action on stimulus bill continues as Dems reach deal on jobless aid

Photo: Alex Wong/Getty Images

Democratic leaders struck an agreement with Sen. Joe Manchin (D-W.V.) on emergency unemployment insurance late Friday, clearing the way for Senate action on President Biden's $1.9 trillion stimulus package to resume after an hours-long delay.

The state of play: The Senate continued to work through votes on a series of amendments overnight into early Saturday morning.