On September 10, 2010, Reuters published Obama mulls estate tax choice, by Kim Dixon:
"If you have an estate that is below that amount you're sort of stuck now," said U.S. Treasury Assistant Secretary for Tax Michael Mundaca, in an interview with C-SPAN Newsmakers. "The problem is for a lot of people not having the estate tax in place is going to be a burden."
Giving taxpayers a choice of whether to apply the tax to 2010 transactions is an option being considered and discussed with lawmakers, Mundaca said.
"That is one of the options that is on the table," Mundaca said.