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Article: GOP REVISES BUDGET.(MAIN)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- May 9, 1996
CopyrightCOPYRIGHT 1996 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: JANET HOOK Los Angeles Times
WASHINGTON -- Hoping to rescue their political fortunes from the wreckage of last year's budget debate, congressional Republicans Wednesday unveiled a fiscal plan that calls for far smaller cuts in taxes and in spending growth than they had sought early in the GOP revolution.
The new GOP budget, which is expected to be approved today by the
House and Senate budget committees, repeats last year's calls for eliminating the deficit by 2002, providing a $500-per-child tax credit and otherwise reining in the size and scope of government.
But the new plan takes a more cautious approach than in the past ...