Session #96 · 1979–81

Speech #960229471

With the administrative cash management proposals-$2.8--which I have assumed this adds up to a total of $3.2 compared to the $3.0 assumed by the Budget Committee. When you add the $3.4 billion in new withholding. this estimate of revenues totals $6.6 billion compared with the committees $6.4 billion. The additional miscellaneous administration proposalsall included in the administrations January and March budgetsinclude: Limiting issues of tax exempt housing bondswhich is under consideration in revised form in the House. an alterationbut not necessarily the administrations proposalin the credit currently provided for overseas oil taxes. an increase in passport and visa fees. changes in the law affecting airport and airway users. elimination of the taxable earnings maximum in the employer portion of the railroad retirement fund. and establishment of an oil and hazardous substance fund. I do not assume that the withholding tax on independent contractors will be enacted. In all other respect. the revenue number in this amendment is identical with that of the Senate Budget Committees.
Keywords matched
visa

Classification

Target group
None Specific
Sentiment
Neutral
Stereotyping
No
Confidence
90%
Model
gemini-2.0-flash
Framing
Legal / procedural

Speaker & context

Speaker
ALAN CRANSTON
Party
D
Chamber
S
State
CA
Gender
M
Date
Speech ID
960229471
Paragraph
#0
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