Word: vetoes
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Fortunately, President Clinton is expected to veto the bill this week. Clinton is calling for a smaller income tax cut and some increased domestic spending on widely popular social programs. There is a deep hypocrisy in Republican outcries against Clinton's budget plans, which they claim are extravagant, in contrast with their own willingness to approve an irresponsible trillion dollar...
...nastiest battles, where real blood may spill, are occurring in the committees of Congress that have to pass 13 spending bills by the end of the month to keep the government running. So far, only two have been sent to Clinton to sign; he has threatened to veto others if they gouge spending too deeply. But, if a $3 trillion surplus is expected over the next 10 years, why would lawmakers be forced to gut programs like air-traffic control and food inspection and counterterrorism? Because two years ago, they promised they would. The problem is the famous 1997 Balanced...
...want a tax cut? The Republicans tell me their compromise combo platter, currently ambling toward a White House veto, is just what I?ve been dreaming about at night: a 1 percent reduction in income taxes and less taxes on what I?m saving for retirement. And the slashing of capital gains taxes and the so-called marriage penalty, well, I?m sure they?d come in handy if I had a stock portfolio and a wife (someday!). So what?s not to like...
President Clinton has promised a veto, calling $792 billion in tax cuts too drastic...
Republicans in the House and Senate passed their $792 billion tax cut Thursday night, so we know they want it -? or at least want to be able to tell everyone they do. We know Bill Clinton is dead-set against it -? "I will have no choice but to veto it immediately" ?- and the Democrats, so far, are sticking by their fearless leader. But how about the voters? Polls show that Americans overwhelmingly favor lower taxes -? who wouldn?t? - until they?re reminded that there?s only so much money to go around. Put a big tax cut against saving Medicare...