DARYN KAGAN, CNN ANCHOR: President Clinton will veto the Republican estate tax bill today. And Republican leaders on Capitol Hill say they will try to override that veto. CNN's Kate Snow joins us now, she is at the White House this morning with more. Kate, as I understand, the president actually likes the idea of cutting these taxes. So how does he end up vetoing something that he believes in?</s>KATE SNOW, CNN CORRESPONDENT: Right, well, it's a matter of the fine points, Daryn. He's going to veto this bill, because he doesn't like the way it works. He doesn't like the fact that it would phase out the estate tax completely over 10 years, getting rid of it altogether. The president has all along said that he favors a more targeted measure. There was a Democratic alternative up on Capitol Hill that the president had supported that would have targeted the tax cut just at the most -- that would have helped family farms, I should say, and family businesses; and protect them from the removal -- or rather, I'm not making this very clear. But the version that the Democrats had supported was much more targeted to help family farms and family businesses -- Daryn.</s>KAGAN: And so, Kate, the Republicans say that they're going to try to override this veto. How likely is that to happen?</s>SNOW: Well, there were a number of Democrats who sided with the Republicans back when they voted, especially in the House, when they voted on this measure in the first place. So if those Democrats were to back the override attempt, it could happen. But Democratic leaders in the House saying that they have the full support. They have a handful of Democrats who will switch their votes back. They will support President Clinton, so the override will fail.</s>KAGAN: All right, Kate Snow, at the White House, thank you.
Clinton Plans to Veto Repeal of Estate Tax