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Byrd opposes rapid tax cuts amid deficit growth
Senator Byrd argues the $1.2 billion tax cut bill is too large during a time of rising deficits and new programs. He cites administration spending, warns of future debt, and contrasts with Fowler's balanced-year projections. The debate notes proposed excise cuts and antipoverty outlays near $1.5 billion for the upcoming fiscal year.
MENTIONED IN THIS ARTICLE
Jack Bell
Hington
Byrd
Johnson
Finance Committee
Ted Herold
Marin
Fedcon Reserve Board
S Etary
Treasury
Fowler
Congress