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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who started this subject7/19/2000 10:10:49 AM
From: Karin  Read Replies (1) of 15132
 
July 19, 2000

Senate Approves Legislation
To Ease 'Marriage Penalty'
By JIM VANDEHEI
Staff Reporter of THE WALL STREET JOURNAL

WASHINGTON -- Republicans succeeded in passing in the Senate a sweeping tax cut for married couples, but there is still a risk they may be overplaying a winning political hand.

House Speaker Dennis Hastert, for one, fears the GOP may be doing just that, despite the party's success on the issue so far. So he is lobbying Senate Republicans to scale back the 10-year, $248 billion bill they passed and call President Clinton's bluff.

Mr. Clinton vowed to veto the Senate plan, which passed 61-38, calling it "fiscally irresponsible, poorly targeted and regressive."
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