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Baker pushes idea of a national defense trust fund
Senate leader Howard Baker urges Congress to create a national defense trust fund funded by a dedicated tax to finance Reagan era military buildup. He says the plan would reduce competition for federal dollars between defense and social programs, while ruling out a national sales tax and expressing mixed views on a value added tax.
MENTIONED IN THIS ARTICLE
Baltimore Sun
Washington
Senate
Howard H. Baker Jr
Congress
National Defense Trust Fund
Tennessee
Baker
Iam
Capitol Hill