Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Tax Cut Cutback?


Washington Outlook: CAPITAL WRAPUP

TAX-CUT CUTBACK?

Even House Majority Leader Richard K. Armey (R-Tex.), a top tax-cut diehard, is bowing to the inevitable: compromise with the Senate on the massive tax reduction the House approved in April. With polls showing deficit reduction more popular than tax cuts, the Senate is sure to pass a bill less generous than the House's $345 billion seven-year plan. When the two chambers meet over differences, "there may be some latitude" to deal, Armey concedes for the first time.BY OWEN ULLMANN


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus