Word: packwood
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...including Harvard, because, Cottington says, it gives money regardless of financial need, which could create a separate bureaucracy to administer the tax credits, and may cut into existing financial aid support that benefits poorer families. In the Senate, meanwhile, debate centers over a similar bill introduced by Sen. Robert Packwood (R-Ore.) and Sen. Daniel P. Moynihan...
This maneuvering threatened to backfire when it became known. At least one treaty backer, Oregon Republican Bob Packwood, said he was disgusted with such tactics. The presidency would be damaged, said Packwood, if the "public thinks that the treaties were bought." Senator Paul Laxalt, a Nevada Republican and a leader of the antitreaty forces, complained that his side did not have comparable inducements to offer uncommitted Senators...
...programs would be eligible for up to a $250 tax credit each year the student is in school. The credit, which would go up to $500 in several years, would apply to tuition and instructional costs, but not to room and board expenses. Another bill sponsored by Sen. Robert Packwood (R-Ore.) and Sen. Daniel P. Moynihan (D-N.Y.) would apply to tuition costs at private elementary and secondary schools as well...
Defending his own more limited remedy, Carter charged that the other programs would be excessively costly and un ocused. The Packwood - Moynihan proposal would cost the Treasury $4.7 billion a year and the Roth plan $1.9 billion v. Carter's $1.5 billion. Direct tax credits, the President added, would also "provide benefits to those who do not need them...
Meanwhile, neither Roth nor the Packwood-Moynihan team is prepared to abandon the tax-credit measures. Says Roth, whose proposal has passed the Senate three times but foundered in the House: "A majority in both the House and the Senate are sponsors of tuition tax cred its." No fewer than 252 members of the House and 57 Senators co-sponsored various tax credit bills in the past year. Nonetheless, Carter's proposal has gained support from influential members of the House Committee on Education and Labor. Either way, the chances are good that middle-income families will win some...