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Publication: European Stars and Stripes Monday, August 18, 1986

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   European Stars And Stripes (Newspaper) - August 18, 1986, Darmstadt, Hesse                                Page 4 the stars and stripes monday. August 18.1988 increase in taxes May be needed Rostenkowski says Washington up the House ways and Means committee chairman Dan Rostonkowski who helped Hamme Roul the most Radical tax reforms since world War ii said sunday hat Congre Snow must Deal with the deficit and a tax increase is possible. But Treasury Secretary James Baker sharply disagreeing promised a presidential veto of any tax increase. Less than 12 hours after House an Senate negotiators reached agreement on the us Reform measure thai now must be approved by the full House and Senate Baker and Rostenkowski d-1il, renewed the debate Over How the deficit will be reduced a task required by the Bud get balancing Gramm Rudman Law. The Bill approved late saturday nightly House and Senate negotiators would drastically Cut rates and shift about $120billion in tuxes from individuals to Busi Nesses in five Yean. Well certainly be recommending Strong support by the president Baker said on Nuci meet the press program sunday. He called the to measure a real Winner for the american people an for the country adding. Over the Long haul it will be a real plus for the  the Tan Reform measure was not in tended to raise revenues. Rostenkowski was asked where the Money is going Loco me from to reduce the deficit and whether Congress is going be be forced to raise taxes nest year. You know the old adage you never raise taxes in an election year " Rostenkowski said. But we be Don away with that. We be done it in the last iwo  1 do think if we re going to focus on and be serious Aboul where the deficits and what we be got to do. There s a possibility taxes will be  if he agreed Baker said "1 absolutely disagree with thai. I Don t thin there s any Chance in the world that we re going to raise axes Between no Wand the election and i the Congress did raise taxes Between now and the election the president would t sign the  Baker said Congress can avoid taxes by culling spending to which Rostenkowski responded we have done Al least in social programs As much As 1 think the Congress will  up Pinto White House picnic sen. Edward Kennedy d-mnss., of members of Congress. Stated Lwft creels president Reagan on the Lairn outside the while House at a picnic of Reagan is Secretary or transportation Elizabeth Dole. Reporting attacks curbs spouse abuse study finds Washington  
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