Three e's for the Ways and Means Committee

Ron Aucutt reports in Leimberg Information Systems ($) that the Ways and Means Committee is poised to turn its attention to the economy, the extenders and the estate tax. Conventional wisdom has been that Congress might settle for an estate tax patch, extending the 2009 exemption and rates for one year only. But Aucutt says that there support for a permanent solution is emerging. He mentions a new bipartisan bill:

On the same day, Ways and Means Committee members Shelley Berkley (D-NV), Kevin Brady (R-TX), Artur Davis (D-AL), and Devin Nunes (R-CA) introduced H.R. 3905, called the “Estate Tax Relief Act of 2009.” Under H.R. 3905, in each of the ten years from 2010 through 2019, the estate tax applicable exclusion amount would increase by $150,000 and the top rate would decrease by 1 percent. Thus, by 2019 the exemption and rate would be $5 million and 35 percent.

Is there time to get this done before Thanksgiving?