Word: vetoing
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Dates: during 1970-1979
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...House also approves a $250-a-year tuition tax credit proposal, the tax bill will face almost sure veto from the White House. Presidential press secretary Jody Powell said that people making $50,000 or more a year would receive one-fourth of the reductions under the combined bills...
President Carter promised last week he will veto legislation containing tuition tax credit proposals. We urge the President to keep his promise and to kill tuition tax credits before this misdirected altruism is allowed to go any further...
...version of the bill cuts taxes generously, particularly the capital gains tax. While the House trimmed the top capital gains tax from 49% to 35%, the Senate committee cut it to 25%. Treasury Secretary Michael Blumenthal warned Long to reduce the capital gains tax cut to avoid a veto, but the Senator paid no heed. The Senate followed the House in reducing the corporate income tax rate from 48% to 46% and in raising the personal exemption from $750 to $1,000. Altogether, the House voted a $16.3 billion tax reduction; the Senate bill upped the figure to $23 billion...
...save $12 billion a year in federal revenues. That amount would then be redistributed to middle-and low-income taxpayers. The full Senate is expected to vote on the bill this week, and the House will have its turn next week. Despite his threats, Carter is not expected to veto the measure if some acceptable compromises are made. The public is calling for a tax cut, and both Democrats and Republicans are eager to respond. Public Works. In greater danger of a presidential veto is the $10.2 billion public works appropriation, including the much publicized water projects. The bill...
...dismantled-a potentially explosive domestic issue for Begin's government (see box). It has been taken for granted that United Nations forces will become available to monitor the new agreement, but that issue has yet to be discussed by the Security Council, where the Soviet Union has a veto...