воскресенье, 4 марта 2012 г.

SENATE OKS TAX OVERHAUL BILL; HOUSE COMPROMISE NEXT STEP 97-3 VOTE BRINGS SMILE TO REAGAN.(Main)

Byline: Tom Redburn and Karen Tumulty

The Senate, ending a marathon debate, overwhelmingly approved a sweeping overhaul of the tax code Tuesday and set the stage for dramatic negotiations this summer to settle the differences between the Senate bill and the plan adopted by the House last December.

The 97-3 vote came after 13 days of deliberations in which Senate leaders beat back efforts to pepper the bill with special-interest amendments.

Approval of the legislation moved President Reagan close to final victory on the issue, which he has made the highest domestic priority of his second term. Despite public indifference and high-powered opposition from a host of entrenched interest groups, the Reagan administration relentlessly pursued the elusive goal of tax revision for more than two years.

"The Senate has voted on tax reform and the score is: taxpayers 1, special interests, nothing," Reagan said in a written statement. "The Cinderella team came out on top." The President had given the House-passed bill only lukewarm …

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