The Nation : Dole Links Tax Bill, Deficit
Senate Majority Leader Bob Dole (R-Kan.) warned that he and other Senate Republicans will not support tax reform legislation unless it is a genuinely “revenue neutral” measure that corrects tax inequities without affecting revenues. “If the tax bill is not revenue neutral, but adds $25 (billion) to $50 billion to the deficit, it will not pass. I will not vote for it; Senate Republicans will not vote for it. The last thing we want is a tax bill that increases the deficit,” Dole said during an interview on “John McLaughlin’s One on One,” a syndicated television program. The majority leader said he doubted a tax reform bill can clear Congress this year, but he speculated that the 1986 election-year Congress will pass “a pretty good bill if the President holds the line.”
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