Veto threaten looms as committee OKs tax cuts
In an election year, House Ways and Means approved a five year package cutting about 80 billion, taking 10 percent of projected budget surpluses through 2008. President Clinton warned he would veto unless Social Security is preserved, while supporters tout relief for farmers couples seniors workers students and small businesses.
MENTIONED IN THIS ARTICLE
Washington
House
GOF
Clinton
Robert Matsui
D-Calif
Ways and Means
Ways and Means Committee
Bill Archer
R-Texas
Gaid the Gall Arenactar Grank Mor
Tax cuts outline and benefits for various groups
The Associated Press outlines proposed tax cuts affecting married couples, self employed deduction, dividend income, education plans, Social Security, and farmers. Highlights include raising standard deduction for 48 million married filers, a 243 dollar average per return, 382 dollar average benefit for 3.3 million taxpayers, exempting first 200 in interest and 400 in dividends, and permanent income averaging for farmers.
Extremist accused in embassy blast
Federal authorities charged that the Kenya embassy bombing was orchestrated by an Islamic extremist from Comoros who reported to Osama bin Laden. The case broadens the hunt around bin Laden’s network and a $2 million reward was offered for information leading to explosives expertise.
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U.S
Osama bin Laden
New York
Kenya
Comoros
Si Ile
bin Laden
Lessons From The Bombing Reach Global Arms Inquiry
The Herald reports on arrests tied to the Kenya embassy attacks, including Haroun Fazil, accused of 12 murders and WMD use, and Wadih el Hage, described as Osama bin Laden's former secretary, charged with false statements as investigators build the case. The FBI positions Fazil as a major bin Laden operative. the August 7 Kenya Tanzania attacks killed over 230 people, including 12 Americans.
MENTIONED IN THIS ARTICLE
Haroun Fazil
Mia
Fazil
Loeuta
Yae
Sudan
Wadih el Hage
Arlington
Texas
bin Laden
el Hage
Manhattan
Mary Jo White
U.S
Lewis Schilio
FBI
New York
White
Kenya
Tanzania
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The
Associated Press
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Herald American Opinion
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Kaufmann