Deficit reduction bill hides extra spending provisions
The Clinton deficit reduction measure includes named allocations such as ten trillion dollars over five years to raise bilingual customs officers salaries, over two hundred million for Northwest logging counties, and a four year extension of tax breaks for Oakland fire victims. These items appear ancillary to the main deficit goals but reflect typical offsets in such bills.
MENTIONED IN THIS ARTICLE
Washington
Clinton
Oakland
Calif
Congress
J.J. Pickle
Texas
North- West
Oregon
Barbara Boxer
D-Calif
Tax budget allows two year tax payment plan
Washington officials announce a new tax package permitting 1993 taxes to be paid over two years. The plan functions as an interest-free loan for taxpayers, with the wealthiest potentially receiving tens of thousands of dollars in relief as payments are spread.
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W.ashington
Weepaliby
Terprise
Near West Side
Center For Budget and Policy Priorities
Clinton issues two executive orders on deficit cuts
Washington reports President Clinton signed two executive orders aimed at securing savings he claims will reach 496 billion over five years. Independent experts view the measures as symbolic rather than transformational, with Gore and Panetta acknowledging critics' points.
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Washington
Clinton
Con
al Gore
Leon Panetta
Budget holdouts pestered by telephone threats
Rep. Sam Coppersmith of Arizona likens the attention to ancient Chinese political torture as budget holdouts press leaders. Collin Peterson of Minnesota says he keeps his phone on hold and warned a Democratic chairman that backing the president’s deficit reduction package grows harder if leaders push it.
MENTIONED IN THIS ARTICLE
Washington
Sam Coppersmith
Arizona
Collin C. Peterson
Minnesota
Democratic Committee
Peterson
Gasoline tax boost costs New York households $43 a year
The 4.3 cent per gallon gas tax in Clinton's deficit package is estimated to cost New York households about $43 annually, with Rhode Island at $47 and Wyoming and Alaska higher. The plan also promises 173,337 New York jobs over four years, while concerns grow about higher income taxes harming small businesses.
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Washington
Clinton
New York
Congressional Coalition
Rhode Island
Wyoming
Alaska
Congress
White House
James Walsh
Onondaga
Walsh
Syracuse
NATO and UN plan air strikes near Sarajevo
NATO and UN commanders in Zagreb discussed coordinated air strikes on Bosnian Serb forces surrounding Sarajevo after Serb advances. Gen Jean Cot and Adm Jeremy Boardman reviewed coordination mechanisms and the safety impact on UN peacekeepers, with US-proposed air strikes hinged on keeping to NATO decisions while Boutros-Ghali asserts the final say.
MENTIONED IN THIS ARTICLE
Sarajevo
Bosnia-Herzegovina
NATO
U.N
Zagreb
Nato-U.n
Jean Cot
France
Bosnia
Adm
Jeremy M. Boarda
United States
United Nations
Cot
Boutros Boutros- Ghali
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Associated Press
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Sabu
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Richard Malcolmb
Perry Ellis
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By Jonathan D. Salant
Washington Bureau
Maurice Hinchey
Ugerties