Courage And The State Of The Union
Let the bidding begin--for votes, that is. With the federal budget headed for its first surplus in three decades, and in an election year, no less, President Clinton and Republican leaders in Congress are falling over one another to come up with popular ways to use the extra money. The Republicans are calling for big tax cuts, eliminating any holding period for capital gains, killing the "marriage penalty," and reducing inheritance taxes. The Democrats are acting true to form as well, by calling for spending more money on Medicare coverage, child tax credits, food safety, and education.
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