European Stars and Stripes (Newspaper) - February 6, 1992, Darmstadt, Hesse Democrats pen their versions of tax Relief by the Washington Post Washington a key House and Senate democratic leaders on tuesday put economic growth and tax proposals on a fast track for enactment before the March 20 deadline set by president Bush. But they made it Clear that the package that emerges will be markedly different from the presidents proposals. House ways and Means committee chairman Dan Rostenkowski d-ill., who is promoting a Middle class tax credit Jaid for by raising taxes on the Rich said Lis committee would begin marking up a Rill next wednesday. Senate finance committee chairman Lloyd Bentsen a Texas with a competing tax credit and savings proposal financed with cuts in defense spending said his committee will begin action on a Bill feb. 19. Bush has asked for Swift action on a deep Cut in the capital gains tax a 15 percent investment tax credit penalty free withdrawals from individual retirement accounts and other measures to bolster the real estate and housing Industry. Rostenkowski ruled out Bush a proposal to help finance the White houses tax package with offsetting reductions in medicare and other mandatory spending programs. A suggestions to Cut medicare or other entitlements to pay for tax cuts will be rejected on a bipartisan basis As they have m the past a Rostenkowski said. His remarks at a ways and Means committee hearing came before testimony by administration officials. The Rostenkowski hearing left Little doubt that the House democratic leadership intends to make Short work of the presidents election year economic package and then push through its own plan in the stars and stripes thursday. February 6, 1992 the stars and stripes Page 5 Congress oks Bill for jobless benefits a file rep. Dan Rostenkowski of Illinois a one geared More to helping Middle in come americans and financed largely with an increase in taxes on upper income citizens. Rostenkowski a refundable tax credit plan which would provide up to $200 for individuals and $400 for families for the next two years is the Centrepiece of the House leadership a proposals. House democrats Are also interested in a More modest Cut in the capital gains tax than the president has proposed As Well As some Type of investment tax credit and liberalization of the Ira rules for investment and withdrawal. In his state of the Union message Bush called on Congress to quickly adopt seven key tax proposals including the Sharp reduction in the capital gains tax. He indicated that Congress could wait until later in the year to act on a proposal to increase the tax exemption on children by $500, one of the few things he has proposed to Benefit the Middle class directly. By the los Angeles times Washington a acting with near a unanimity on the first re cession Relief measure of the year Congress on tuesday sent to president Bush a $2.7 billion unemployment Bill that would extend Long term jobless benefits for an additional 13 weeks. Bush who twice blocked similar attempts last year before signing a Compromise Bill asked for the legislation during his state of the Union address Only a week ago. Bipartisan support and the lagging Economy combined to Speed the measure through the House by a 404-8 vote. Soon after the Senate gave its approval to the House Bill on a 94-2 Roll Call and sent it to the White House. The Prospect that Congress will be asked to extend the jobless benefits again this summer was raised by rep. Dan Rostenkowski d-ill., chairman of the House ways and Means committee. Under the Extension passed in november jobless workers who had exhausted their regular 26 weeks of payments received an additional 20 weeks of benefits in the states with the highest unemployment rates and 13 extra weeks in All other states. The new Bill would extend those provisions from the june 13 expiration Date through july 4. It also would provide an additional 13 weeks of benefits to All Long term unemployed through june 13, when it is scheduled to expire. If the legislation is enacted jobless workers will be eligible for 33 weeks of extra benefits in a dozen states with the highest unemployment rates and a total of 26 weeks of extra benefits in All other benefits Here Are highlights of the $2.7 billion Extension of unemployment benefits a current Law jobless people qualify for 26 weeks of Standard benefits. Under legislation enacted last fall they can also get 13 or 20 additional weeks depending on unemployment in each state. A new benefits this Bill provides 13 More weeks of jobless benefits to people who have used up their coverage. A duration the new coverage will be available immediately to people who use up their other extended benefits by june 13. The first extensions will run through july 4. The 33-week states Are Alaska California Connecticut Maine Michigan Mississippi new Jersey Oregon Penn Sylvania Rhode Island Vermont and West Virginia along with the Commonwealth of puerto Rico. Counting the Basic 26-week period Long term unemployed people would be eligible for a maximum of 59 weeks and 52 weeks respectively. At Bush a insistence the additional benefits would be paid for by tapping a $2.2 billion surplus created when pay As you go measures enacted last year raised More Money than needed to cover outlays and by a speedup in payment of corporate taxes. 10 years ago feb. 6,1982 a Britain announced new economic and other sanctions against the soviet Union and Poland As a reprisal for continued martial Law and internment of Trade unionists in Poland. 20 years ago feb. 6,1972 a Swiss authorities announced they were seeking extradition from the United states of Edith Irving wife of the american author who wrote a disputed a autobiography of Howard r. Hughes. Swiss warrants for both Edith and Clifford Irving cited suspicion of fraud and forging documents in connection with $650,000 intended for the reclusive billionaire. 30 years ago feb. 6,1962 a French president Charles de Gaulle said that despite Quot subversive and criminal Quot resistance by right Wing opponents France was moving rapidly toward peace in Algeria after More than seven years of Savage nationalist insurrection there. 40 years ago feb. 6,1952 a the . General Assembly overrode soviet objections and voted to delay discussion of the political settlement of Korea until an armistice was reached or a rupture of the Panmunjom peace talks called for stronger . urged to discuss his picks with Senate from wire reports Washington a a Senate democratic task Force formed after the Clarence Thomas nomination has urged president Bush to undertake a meaningful discussions with the Senate before making major nominations such As those to the supreme court. The suggestion of renomination consultations with Congress was one element in a series of reforms set out by the task Force. Senate democratic Leader George j. Mitchell of Maine who presented and endorsed the reforms tuesday noted that a Long line of presidents from George Washington to Ronald Reagan have consulted the Senate in Advance. But Bush has refused saying he would not give up his presidential prerogatives. Mitchell noted that controversial and world War 50 years ago today 6 feb. 194 2 the japanese land More troops on the Gulf of lingayen coast of Luzon the main Island of the Philippines. Japanese Cannon begin shelling fortified islands held by . Troop6 in the Gulf of Manila. In the dutch East indies the japanese capture Samarinda off the Eastern coast of Borneo. The combined Anglo american chiefs of staff meet in Washington for the first time. Contentious hearings have been few but added a though they Are few in number these Are experiences that none of those involved in the confirmation process. Should wish to a one Way to avoid such confrontations in the future is for the president to engage in meaningful consultations with the Senate before making significant nominations a Mitchell said Mitchell never mentioned the nomination of Thomas who was sworn in As supreme court Justice in october after one of the ugliest confrontations in Senate history. Only Days before the original Date for the vote leaks to the Media revealed allegations of sexual harassment that had been made in private to the Fri and to the Senate judiciary committee by Anita Hill who had worked with Thomas at the equal employment Opportunity commission. As a result new hearings a Public and highly contentious a had to be held. In a related development Justice Antonin Scalia said tuesday night that Senate hearings on supreme court appointments arc a an absurd a you have a process in which the Senate takes nominees and asks them a whole list of questions. A judge so and so do you think this right is in the Constitution a. Whatever one you love the most a Scalia said in a speech at George Washington University. A this is an absurd spectacle. But of course it is inevitable once people come to believe the Constitution is a an evolving document an empty bottle that you fill up As you please. I fear that a where we re headed or have source 2194 Days of War w. H. Smith a publishers inc. World almanac Book of world a year ago Day 21 feb. 6 . Warplanes shoot Down four iraqi jets fleeing to Iran and a . Navy f-14 tomcat knocks Down an iraqi helicopter skimming along the Northern saudi Border. Allied bombers continue to Pound iraqis Republican guards at the rear of iraqi lines. Iraq claims 150 civilians including 35 children were killed in a single air raid on the Southern City of an Nasir Yah. War ii Bison books corp1981 a
