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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Feb 06, 1997
Page
7
President Clinton unveils a plan combining a $98 billion middle class education tax cuts with $76 billion in tax increases to balance the budget by 2002. The proposal caps education credits, limits corporate breaks, and trims Medicare and defense to reduce the deficit, while Republicans press for deeper cuts and faster spending restraint.
Debate on a balanced budget amendment shifts as House Judiciary Committee adjourns amid talk of adding Social Security protections. Republicans McCollum and Gallegly signal support for shielding Social Security, reducing GOP backing and delaying a vote to next week. Democrats require one more Republican to push the protection clause.
The budget proposal sent to Congress would expand education tax credits and loan programs, lower school costs through deductions, and raise taxes on businesses and airlines. It aims to shield unemployed workers and poor children, while restraining Medicare spending and adjusting welfare for legal immigrants.
A bipartisan House retreat March 5-7 at Hershey Conference Center Pennsylvania aims to reduce rancor and promote civility among lawmakers. More than 150 members plan to attend with Speaker Newt Gingrich and Dick Gephardt present. Pew Charitable Trusts provides a 700000 grant. attendees pay 60 dollars each 30 dollars for spouses and 10 per child.
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