NATIONAL
White House and Congress narrow budget differences
WASHINGTON (AP) -
White House and congressional
negotiators narrowed differ
ences Thursday over their
budget problems with reported
agreements on energy and lux
ury taxes and cuts in benefit
programs. But key disputes re
mained to block a deal that
would avoid bone-deep cuts in
federal programs on Monday.
The two sides, racing the cal
endar. swapped offers into the
evening, trying to put together
the final pieces of a $500 bil
lion, five-year deficit-cutting
package.
Parts of the pact tentatively
agreed to were an additional 8
cent-per-gallon gasoline tax; a
small tax on the energy content
of all fuels and 10 percent taxes
on luxury items ranging from
fancy cars to-electronic equip
ment, said one official who
asked to not be identified.
The federal gasoline tax is
now 9 cents per gallon. States
add additional taxes on top of
that.
If successful before Monday,
the bargainers would allow the
government to sidestep $85 bil
lion in spending cuts that the
law would otherwise require.
The slashes would result in fur
loughs for many of the 2.1 mil
lion federal civilian workers,
including FBI agents and air
traffic controllers.
Republicans were willing to
accept a toned-down version of
the cut in capital gains tax rates
that President Bush has sought
since he was a presidential can
didate in 1988. The battle be
tween Democrats and the ad
ministration over the tax has
been the key barrier to a budget
deal.
Capital gains — the profits
from the sale of assets such as
corporate stock or houses — are
now taxed like ordinary in
come.
But Democrats seemed uncer
tain about whether in return,
they would demand higher in
come tax rates on the wealthy
or a limit on the tax deductions
the well-to-do could take.
"I don't mean to put it in a
negative way, but there is still a
possibility of failure,” said
House Speaker Thomas S. Fo
ley, D-Wash. "The odds are we
will succeed."
Bush had argued that cutting
capital gains tax rates would
boost the economy. Democrats
say the tax cut would benefit
the rich and want higher taxes
on the wealthy in return.
But the president was now
willing to leave the rates con
stant if the increased value of
an asset due to inflation is ex
empted, officials close to the
talks have said. The proposal
would apply only to property
DOCTORS OF OPTOMETRY
next to LENSCRAFTERS
DR. RON V. CUEVAS
OPTOMETRIST
Or Ron V. Cuatas I Associates
400 Valtey Rhrtr Canter
Eugana, Oregon 97401
(503)607 9666
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purchased after the plan be
came law.
This official, like all the oth
ers who discussed the various
proposals Tuesday night, spoke
on condition of anonymity.
Still undecided, however,
was which tax boost the two
sides would agree to as a trade
off.
Republicans have proposed
limiting income tax deductions
for the wealthy In one varia
lion of the idoa. people earning
more than $200,000 annually
would only be able to claim 95
percent of the deductions to
which they would otherwise be
entitled.
Democrats are interested in
that Idea, but have also ad
vanced two other proposals,
said another official who de
manded anonymity.
Thoy remain interested in
raising the top-bracket income
tax rate on the wealthiest
Americans from the current 28
percent. People who are some
what less well-off pay 33 per
cent in their top bracket.
Democrats would like to
boost the top rate on the rich,
but they are willing to settle for
a new level below 33 percent.
uN^mr
EVERYONE
iwo university of Oregon fall convocation
SEPTEMBER 28,1990
KEYNOTE ADDRESS:
"ARE WE READY FOR
THE TWENTY-FIRST
CENTURY?"
3:30 P.M., ERB
MEMORIAL UNION
BALLROOM
Keynote Speaker: Mary Hat wood Futrell, noted public school educator, advocate of civil and
women's rights and former president of the Iwo-million-membcr National Hducation Associa
tion, is this year's convocation keynote speaker. Futrell is the director of the Center for the
Study of Faiucation and National Development at George Washington University.
Her address will be foltowred by nine seminars on the convocation theme, “A University for
Everyone."
In addition to UO students and faculty and staff members, all members of our community are
invited to participate in the annual academic activities celebrating the start of the school year.
A UNIVERSITY FOR EVERYONE
You are cordially invited to attend a seminar whw h represents a specific way lo rvalue our goal of “A l 'niver
sity lot Everyone “ Seminars w ill be held in the Fab Memorial Union immediately follow in*; the convocation
address Rooms, topics, and discussion leaders are listed below
(/umuiKid Room
1. The Structure* of Discrimination and the
Individual
Pamela OwurtneyCiibbs, Associate Professor.
Sociol, n!y
R4.11.1M J. Rousscvc. Professor, (aHinseling
Psychology
Fir Room
2. Affirmative Action: Historical, Social, and
Legal Perspective*
Clarence Spigticr, A*sistant Professor, Health
thane Wong, Director. AII1nn.1t 1 ve Action
Cedar Room A
5. Talking About Art and Architecture:
Women’* Voices, Women’* Vision*
Laura ) Alpcrt, Avsoc tatc Professor, Line and
Applied Arts
Eh:ahcth( aim, Assistant Professor, Architecture
Linda Lumber, Assistant Professor, Art Education
Cedur Room fc
4. Facing the Question of Class at “A
University for Everyone”
John B hosier, Assistant Professor. Ncmlogv
J Dennis Cilhert. Adjunct Assistant Ptofcssor,
Physic'
Risa Haherman. President, Li cal 85, iVegon
Public Employee* Union
Office Coordinator, fList Asian languages
OuL Room
5. Native Son Fifty Years Later: Two
Perspectives on Teaching the Novel
Edwin I Coleman II. Professor, English and
Ethnic Studies
Joseph hfynes, Protessor, English
Wuinut Room
6. Lesbian Women and Cray Men: Our
University Ten*
>4.11.111 A Douglas. Assiciaii' Pmtessoy, Computet
and Information Science
Dominick R. Vein, Protessor. Law
Maple Room
7. Beyond Curb Cuts and Charily: Disability
and the University
Dianne Ecruuson, Aev s' talc Professor, Special
Education and Rehabilitation
lliil bcinuMin, Research Aswiciaic, Special
Education ami Reliahilnalion
Cedur Room I)
H. Many Women’s Voices: Discussion of
Maxine Hony Kingston's Novels, Chicana
Poetry, and Native American
Autobiography
I’aul Dii'Miian. Instructor. I iicli'h
l .induce lilacs Montoya, Inst ruelor, English
Robert l' rroudloot. Assistant Professor, Tc.k her
Education
lien Linder Room
y. A Chilly Climate in the Classroom:
Students of Color, Lesbians and Gays, and
Athletes Speak Out About Their
Educational Experiences
Ifasani Kuduru. Coordinator. Women's l enter,
will facilitate the panel discussion
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