Word: kasten
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...plan a "new tax" when it was really designed to catch tax cheaters and collect some $5.2 billion this year from the 20 million people who fail to report fully their interest and dividend income. Dole had filibustered gamely against the repeal bill, which was sponsored by Republican Bob Kasten, a freshman Senator from Wisconsin. But Dole last week could count only 27 other Senators (including 24 of 54 Republicans) on his side, and three of them were uncertain. "I went down to the White House," he said, "to see how many they had. They did not have...
...that would delay by six months a requirement that banks withhold taxes on dividends and interest. This proposal, advanced by Democratic Senator John Melcher of Montana, was a modified version of an effort to repeal the withholding requirement outright. The week before, Wisconsin's Republican Senator Robert W. Kasten tacked the repeal proviso on to the Senate's $5.1 billion jobs bill and got trounced...
...point, Senate Majority Leader Howard Baker drew Kasten into his office for a scolding. Kasten began to weaken, but said he would have to talk strategy with Jesse Helms, the ultraconservative North Carolina Republican. There were Senators who suspected Helms was aiding Kasten just as the fox helped the gingerbread man, i.e., Helms was really out to kill the jobs bill. President Reagan had vowed to veto the bill if the rider reached his desk as part...
...pressure mounted on Kasten. The bankers' lobbying was assailed by editorialists from coast to coast. Dole indicted the bankers on national television for "using the big-lie technique. They've been telling people that we're going to loot their savings accounts, pick their pockets, take away their savings...
Dole failed by ten votes to kill Kasten's rider; Kasten failed by only one vote to end Dole's filibuster. The impasse was broken when Kasten succumbed to the heat from Senate Republican leaders and agreed to withdraw his rider, in return for a promise that he could attach it to trade legislation due to come up for action next month. The Senate then quickly passed the jobs bill; the $5.1 billion appropriation must now be reconciled with the $4.9 billion House version...