Word: repeals
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Reagan had Republican leaders in the Senate on his side in opposing a massive lobbying effort by the nation's banks to repeal the withholding of 10% of income gained from interest and dividends. He had vowed to veto any such repeal bill, accusing the bankers of "great distortion" in their mail blitz. But with most Democrats meekly bowing to the pressure, the President could only watch helplessly last week as Republican Senators buckled too. In what was called a "compromise" for cosmetic purposes, the Senate voted overwhelmingly to delay the withholding at least until...
...assailed the banking lobby for calling the 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...
...state legislature's joint committee on criminal justice will send its final report on a death penalty repeal bill to the full House by tomorrow for a possible floor vote...
...added that it would be very unusual to repeal a law within one year of its passage, but that he wants to "keep people thinking about [the death penalty issue...
Earlier this month Lt. Gov. John F. Kerry testified before the joint justice committee to register Gov. Michael S. Dukakis's support for a repeal, said Larry Carpman, Kerry's public relations officer...