Congressional Candidate Calls for Balanced Budget over Tax Breaks
Rozek, Dan, Daily Herald (Arlington Heights, IL)
Byline: Dan Rozek Daily Herald Staff Writer
Risky tax cuts must take a back seat to efforts to whittle down the federal budget deficit while still protecting key social programs, Democratic congressional candidate Catherine M. Lee said.
"Balancing the budget must remain a priority, but that does not mean ruling out tax cuts," said Lee. "Tax cuts that explode the deficit clearly make it more difficult to balance the budget."
Instead of an across-the-board tax reduction, she favors specifically targeted tax breaks, including proposing a $10,000 tax deduction to help pay for college or skilled job training.
Lee, a businesswoman and former president of Barrington Unit District 220, is challenging Republican incumbent Donald Manzullo of Egan in the sprawling 16th District.
A key issue in the race, Lee said, is Manzullo's support for a 15 percent income tax cut backed by Republican presidential candidate Bob Dole.
Lee said she can support only tax cuts that are balanced by corresponding cuts in government spending.
But care must be taken to preserve critical programs, including …
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Publication information: Article title: Congressional Candidate Calls for Balanced Budget over Tax Breaks. Contributors: Rozek, Dan - Author. Newspaper title: Daily Herald (Arlington Heights, IL). Publication date: September 14, 1996. Page number: 8. © 2009 Paddock Publications. COPYRIGHT 1996 Gale Group.