Hello! You are part of a community of millions who seek out Democracy Now! each month for ad-free daily news you can trust. Maybe you come for our daily headlines. Maybe you come for our in-depth stories that expose corporate and government abuses of power and lift up the voices of ordinary people working to make change in extraordinary times. We produce all of this news at a fraction of the budget of a commercial news operation. We do this without ads, government funding or corporate sponsorship. How? This model of news depends on support from viewers and listeners like you. Today, less than 1% of our visitors support Democracy Now! with a donation each year. If even 3% of our website visitors donated just $10 per month, we could cover our basic operating expenses for a year. Pretty amazing right? If you visit us daily or weekly or even just once a month, now is a great time to make a monthly contribution.

Your Donation: $
Tuesday, July 27, 1999 FULL SHOW | HEADLINES | PREVIOUS: Raymond Brown On the Death Penalty
1999-07-27

Sweeping Tax-Cut Bill Debate

download:   Audio Get CD/DVD More Formats
DONATE →
This is viewer supported news

U.S. Senate Republicans and the White House dug in yesterday for a battle over a proposal to cut taxes by $792 billion over 10 years, casting doubt that a compromise will be hammered out anytime soon. The Senate is preparing to start debate Wednesday on the sweeping Republican measure, which would cut income and estate taxes and encourage Americans to save more for retirement.

Tax cuts are a key political ground for Republicans as well as Democrats. Republicans say the $792 bill will help define the party and galvanize voters against Vice President Al Gore, the Democratic front-runner in next year’s presidential race.

The White House, by contrast, is counting on a voter backlash against the Republican plan, saying it would cater to the rich and big business. They point to polls showing Americans favor shoring up the Social Security retirement system and the Medicare health care program.

President Clinton has vowed to veto the Senate bill and its counterpart in the House of Representatives, as well as a $500 billion compromise favored by a few Democrats and moderate Republicans.

Guests:

  • Matt Gardner, policy analyst, Citizens for Tax Justice.
  • Diana Furchtgott-Roth, fellow, American Enterprise Institute.

Recent Shows More

Full News Hour

Stories


Creative Commons License The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.