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House to debate three tax cut options in Congress
Washington AP reports seven months after President Carter urged a 25 billion tax cut, the House schedules debate on three options. Each could save middle income families hundreds yearly, easing payroll tax increases. Senate may sweeten any House package. Ways and Means bill at 16.3 billion, compromise at 18.1 billion, and Kemp Roth plan propose varying cuts with capital gains changes. debate reflects long stalemate and shifting administration stance.
MENTIONED IN THIS ARTICLE
Washington
Carter
House
Mone
Senate
Ways and Means
Y Carter
Treasury Department
Republican Party
GOP
Capitol Hill
Congress
Russell B. Long
D-La
Senate Finance Committee
Jack F. Kemp
New York
William V. Roth Jr
Delaware
Kemp-Roth
Roth- Kemp