Oregon daily emerald. (Eugene, Or.) 1920-2012, November 05, 1992, Page 8, Image 8

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    President Bush vetoes $27 billion urban aid, tax bill
NATIONAL
WASHINGTON
(AIM — l’rf!sid«nt
Hush on Wednesday
mado g<xKl his throat
to veto tho $27 bil
lion urban aid and tax bill, killing the
measure because of its tax increases on
businesses and upper-income Ameri
cans.
Ho signed the veto on Air Force One as
he flow homo in defeat from Houston.
Flush's action kills the measure because
Congress has adjourned for the year
It was Bush's 46th veto, several com
ing after last month s adjournment. Only
one veto - a bill tightening regulation of
the cable TV Industry has been over
ridden.
"I am withholding my approval be
cause it Includes numerous tax in
creases. violates fiscal discipline and
would destroy jobs anti undermine small
business," Bush said in a written mes
sage
The lax bill contained elements of
Hush's stalled blueprint for revitalizing
the economy and luring businesses to
hard-pressed inner cities and rural areas
with enterprise zones
"The urban aid provisions that were
once the centerpiece of the bill have
(men submerged by billions of dollars in
giveaways to spocial interests.” be said.
Some Republican lawmakers as well as
Democrats had urged the president to
sign the bill and nursed hopes that he
would do so despite his pre-election vow
not to raise taxes again Congress delayed
sending it to the White House after final
passage on Oct. H in a vain attempt to
change Bush's mind.
Dan Rostenkowskl. D 111 , chairman of
the lax writing Hous*- Ways Bnd Moans
Committee, was "disappointed but not
surprised” by the veto, said a committee
aide who declined to be identified
The measure would have expanded
tax breaks for Individual Retirement Ac
counts, renewed tax breaks for research
and restored the targeted jobs tax credit
But it also included such tax Increases
as limiting the deduction for job-related
moving expenses to S10.000, requiring
individuals with sizable amounts of in
come not subject to withholding and
large corporations to pay more tax in ad
vance and taxing securities dealers' in
ventories at market value.
"The original focus of the bill — to
help revitalize America's Inner cities —
has been lost in a blizzard of special in
terest pleadings." said Bush
He said the rejected bill would have
raised S33 billion in new (axes over five
years "on a wide array of American fami
lies. workers and small businesses ’*
Offsetting tax cuts reduced the total
cost of the bill to S27 billion.
It would have created 50 urban and ru
ral enterprise zones, repealed the 10 per
cent luxury tax on boats, airplanes, jew
elry and furs and denied the deductibil
ity of club duos.
It would have allowed individuals
with incomes up to $75,000 und couples
up to $100,000 to get tax deductions for
IRA contributions. Currently, the limits
are $35,000 and $50,000 respectively.
The Rebuild L A. recovery organiza
tion “expected the president's veto. ... It
had become an election-year political
football to the detriment of our cities' ur
gent needs," Barry Sanders, the group's
co-chairman, said in a statement
Even conservatives
cynical about Bush
WASHINGTON (AP) — President Bush lost the election bo
cause ho ditflnd from the core Republican agenda that has
powered the party In the last three presidential elections,
conservative loaders said Wednesday.
A* they looked ahead to 199B. many conservatives took
shots at Bush, not unexpected given their battles with him
throughout his presidency. But tho tone signaled the harsh
ness of the brewing fight among moderates and conservatives
for control of the party.
As they assessed tho outcome of an election In which Re
publicans made no Senate gains and picked up fewer than a
dozen House seats, even staunch Bush supporters acknowl
edged the president's poor showing hurt other candidates
"Those seats didn't need to have been lost," Republban
National Committee Chairman Rich Bond said of several
California congressional races won by Democrats "We just
didn't gel the help from the top of the lirJiot."
Conservatives were quick to blame Bush for the defeat, ac
cusing him of abandoning Ronald Reagan's legacy. It was a
morning-after escalation of a fight brewing throughout Bush's
presidency, ospoclally since his 19«0 abandonment of his
nromlae not to raise taxes.
"Freed of tho burden of
tho Bush Incumbency,
conservatives and tho GOP
again can bo tho unfet
tered champions of
change,“ said conservative
activist Burton Yalo Pinos,
a frequent Bush critic.
"Freed from tho Bush in
cumbency, conservatives
and tho GOP again, as un
der President Reagan, cam
bo tho unfettered champi
ons of Iho America’s pop
ulist grievances against
Washington’s oncrustod,
Treed of the
burden of the Bush
incumbency,
conservatives and
the OOP again can
be the champions
of unfettered
change.*
— Burton Yale Pines,
Conservative activist
arrogant establishment.
A* tho (tarty's moderates, including several governors, pre
pare to mount an effort to move the party away from its anti
abortion position and other platform stances they believe
turned suburban votors away, conservative# signaled they
were prepared for a fight.
Like Pines, religious broadcaster Pat Robertson said the
party nueded to go hack to the anti-tax. anti-spending conser
vative themes that won for Reagan in 1980.
“It's that coalition that needs to be rebuilt," Robertson said
at a nows conference outside his Christian Broadcasting Net
work headquarters in Virginia Beach, Va.
Ironically, some Republicans said if Clinton had a mandate
it was for a conservative agenda
"The line-item veto, his conditional support for the North
Amorican Free Trade Agreement, the death penalty, to beat
the drum on the potential for intervention in Bosnia and get
tough with Chine." retiring Minnesota Republican Rop. Vln
Weber said In rattling off Clinton campaign themes.
Perot supporters look to 1996
DALLAS (AH Some of
Ross Porofa campaign aides
said Wednesday ihal the IS
million Americans who voted
for him could form it third poli
tical party if President-elect
Clinton fails to revive the econ
omy and cut the deficit
"The basis for a third party is
there if the group wishes to
pursue that as an ultimate end
I think it’s worth a lot of con
sideration," said Orson Swin
dle, executive director of
Perot's volunteer organization.
United We Stand. America.
But exports on third parties
and even some Perot associates
said that the success of ('.Un
ion's presidency would deter
mine whether United Wo Stand
will lie a potent political force
And Perot's own future role re
matncd unclear.
The organization will remain
active to promote the Texas bil
lionaire's proposals for deficit
reduction and economic reviv
al. Swindle; said.
The group might even form a
political action committee to
contribute to congressional can
didates, aides said, even though
I’orot constantly denounced
these committees during the
campaign as the tool of special
interests
But neither Swindle nor oth
er aides could specify how
Perot would work to keep his
issues before the American
public or whether he would
consider running again in 1996
"We've got so many bridges
to cross before we get there.”
Swindle told the campaign's fi
nal briefing for reporters. Still,
"Koss Perot has got a great fol
lowing Somebody l>elluvos in
him onough to invest in a few
bumper stickers."
Perot held up one of the
stickers, which read "Perot in
'96," during his election night
party at a North Dallas hotel.
But Perot, who made no pub
•Ross Pent has got
a gnat following.
Somebody believes
In him enough to
Invest In a few
bumper stickers
— Orson Swindle,
United We Stand. America
lie appearance Wednesday, was
typically ambiguous about his
political future:
"If by 1996, every place I go,
the only thing 1 can find is
American-made cars to put on
that bumper sticker, well
they've cleaned out the barn,
right?"
Swindle said ho expected
Perot, to finance United We
Stand until it became self-sup
porting
Most incumbents get another term
WASHINGTON (AIM - The tidal wave of untl
incumbnncy never materialized but many of the
two dozen House members and three senators
swept out of office were dogged by puraona! scan
dais or stigmatized by voter anger over ofTicial
benefits.
"I could not sustain tho tremendous amount of
publicity that went against me,'' said Rep Albert
Bustamante, D-Tex , after his eight-year tenure in
Congress was ended on Tuesday
Never mind the garbled syntax The message
was still dear
Bustamante was defeated by Republican Henry
Bonillu. a 38-year-old television producer who
hammered away at the San Antonio incumbent s
alleged ethical shortcomings and his 30 bad
checks at the Houso (rank.
A federal grand jury, yot to hand up an indict
ment. has boon investigating Bustamante for throe
years.
"What (votnrs) saw on tho other side was a guy
talking about positive issues,” Bonilla said.
Kcdistrictlng played a key role In removing oth
ers from office, including former professional bas
ketball player. Rep. Tom McMillen, D-Md.
Others who lost in races that pitied them
against fellow incumbents in redrawn districts
were Reps. Ron Marlenoo, R-Monl.; David Nagle,
D-towa; Jerry Huckaby, D-La.; and Clyde Hollo
way. R-La.,
But about 93 percent of the 349 incumbents
spoking re-election won — nearly equaling the 95
percent or better success rate incumbents general
ly enjoy.
Prominent casualties in House races included
Rep Thomas Downey, D-N.Y.. a member of the
post-Watorgate class of 1974 but writer of 151
overdrafts at the House bank; Rep. Nicholas Mav
roulos. DM ass., indicted on racketeering and oth
er charges In August; and Rep. Mary Rose Oakar.
D-Ohio. tainted by 213 had checks and moved
into an unfamiliar suburban district outside her
Cleveland base.
There will be at least 110 new faces in the 435
member body come January. But Democrats re
tained their hold, apparently losing only nine
seats from their current 268.
In Arizona, Republican Rep. Jay Rhodes was
hurt by the House banking scandal but also
seemed to suffer from his hardline stand against
abortion.
Rhodes lost to Democrat Sam Coppersmith in a
heavily Republican district. Coppersmith distrib
uted a flier in the campaign's final days that
showed a woman crying beneath the caption,
"Congressman Rhodes wants to make abortion il
legal — even if a woman is a victim of incest or
rape. Congressman Jay Rhodes wants to make her
a criminal."
Losses for Senate incumbents were few and far
between, and there was no evidence of a pattern.
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