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Congress backs tax reform with midincome focus plan
Congress returns from a July 4 recess to push sweeping tax revisions. negotiators will resolve House and Senate differences by Labor Day. Key issues include sales tax deductibility and IRA contributions, with White House backing compromises to preserve low rates and prevent undue tax burdens on business. The Senate debates Manion’s confirmation and whether to televise floor proceedings amid ongoing parliamentary maneuvering.
MENTIONED IN THIS ARTICLE
Washington
Congress
House
Senate
Richard Gephart
D-Mo
Phil Gramm
Texas
ABCTV
David Brinkley
Dan
Reagan Administration
Donald T. Regan
White House
Abc-Tv
Baker
Daniel Manion
Manion
Circuit Court of Appeals
Democrats
Masionis
Macaber
Thy
Paul Simon
D-Di
Judiciary Committee
Presi