House Rules clears path for tax cut vote in Congress
The House Rules Committee approved a multibillion dollar tax cut extension and revision bill for House action after Thanksgiving recess. It limits amendments to a set proposed by Ways and Means and rejects opening the package to full-floor amendments. The measure renews 1975 personal tax cuts and extends business tax breaks while proposing several tax-law revisions.
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Kissinger Defends Israel Aid as U.S. Military Needs Guarded
Secretary of State Henry Kissinger told Congress that military aid to Israel and other nations will not harm U.S. defense needs. He said the $4.7 billion aid package should be funded from production and will not reduce military reserves. He noted potential extra emergency support to Israel if the Soviet Union increases aid to Egypt and Syria, while disputing reports of resumed Soviet shipments. Egypt has received some replacement equipment but seeks spare parts. The Israel aid request reflects a weapons gap of one to three against Arab forces.
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