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Major Tax Issues in the 106th Congress: A Summary
Taxes have been a major focus of congressional attention during the first half of 2000. In part, Congress has returned to many of the issues it addressed last year. In August, 1999, Congress passed a set of tax cuts with the Taxpayer Refund and Relief Act (H.R. 2488; TRRA). However, President Clinton vetoed the bill, arguing that the cuts were too large (an estimated $792 billion over 10 years), would drain funds from Social Security surpluses, and would force reductions in domestic spending. Early in 2000, Congress signaled its intention of revisiting tax cuts with passage on April 13 of a fiscal year (FY) 2001 budget resolution (H.Con.Res. 290) calling for a 5-year tax cut of $175 billion.
Date:
October 19, 2000
Creator:
Library of Congress. Congressional Research Service. Government and Fiance Division.
System:
The UNT Digital Library
H.R. 1907, 106th Congress: American Inventors Protection Act of 1999
None
Date:
October 19, 1999
Creator:
Seitzinger, Michael V.
System:
The UNT Digital Library