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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (28600)	1/19/1999 3:14:00 PM
From: Daniel Schuh	Read Replies (1) \| Respond to of 67261

Funny, DMA, what do you think the WSJ had to say on the idea when Newt's "Contract with American" was in play? Newt and cohorts sure went in for the colorful language, anyway. The Omnibus Tax Bill The American Dream Restoration Act Summary: The American Dream Restoration Act (ADRA) provides a tax credit for families, reforms the so-called"marriage penalty" and establishes a new Individual Retirement Account. $500 Family Tax Credit Effective in 1996, the bill provides a $500 per child tax credit for families with annual incomes up to$200,000. (A child is defined as an individual under 18 years of age.) The tax credit will benefit approximately 50 million families, 90 percent of which earn less than $75,000 per year. pbs.org I wasn't able to track down the official "Contract" though, only dead links to Newt's site.