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Politics : Did Slick Boink Monica? -- Ignore unavailable to you. Want to Upgrade?


To: Jack Clarke who wrote (7598)2/18/1998 9:28:00 AM
From: DMaA  Read Replies (3) | Respond to of 20981
 
Senate GOP leaders give up on tax cuts
D.M. Anderson gives up on GOP

By Donald Lambro
THE WASHINGTON TIMES
Senate Republican leaders have approved a budget blueprint plowing future surpluses into Social Security and Medicare rather than tax cuts, according to a draft of the plan obtained yesterday.
ÿÿÿ
ÿÿIn a six-point outline of the "basic principles and objectives" that Senate Republicans plan to follow in preparing their fiscal 1999 budget, the GOP leadership appears willing to forgo tax cuts this year. Instead, their plan would use revenue surpluses to strengthen the two politically popular entitlement programs by reducing the debt --similar to a proposal President Clinton put forth last month in his State of the Union address.

ÿÿÿÿÿThe budget proposal sparked angry denunciations
from Republican political leaders and even from some top Senate GOP staffers, who said the party had "thrown in the towel on tax cuts."