Lott Calls Tax Cut an Option, but Puts Social Security First

By Roman, Nancy E. | The Washington Times (Washington, DC), July 22, 1998 | Go to article overview

Lott Calls Tax Cut an Option, but Puts Social Security First


Roman, Nancy E., The Washington Times (Washington, DC)


Senate Majority Leader Trent Lott said yesterday that he is willing to use surplus tax revenue for tax cuts.

"Certainly it's an option," he told reporters in the hallway outside his office.

But first the Mississippi Republican wants to make sure he inoculates his party against charges that it is robbing from Social Security.

"I'd be perfectly willing to try to get 60 votes for a significant tax cut," he said. "But we have to make sure we put Social Security first."

Meanwhile, House conservatives are pushing for a plan that would use as much as 50 percent of the projected $1.6 trillion in surpluses over 10 years to cut taxes. They would eliminate the marriage penalty at a cost of about $150 billion over five years. As part of the same package, they would pass a measure that shores up Social Security. "We need to have that voted on before we leave in August," said Rep. David M. McIntosh, Indiana Republican and chairman of the House conservative group called CATS.

Mr. McIntosh said the strategy is to send the House home to campaign on the issue in August, hoping it would embolden the more timid Senate to cut taxes.

Others said that is unrealistic.

"I've heard people talking about trying to pass something by Aug. 7, but that's a long shot," said one lobbyist who favors using the surplus for tax cuts. "We need to work about defining the party, not shaking up the Senate."

New Congressional Budget Office projections of $1.6 trillion in surpluses over 10 years have turned tax policy on its head. House Speaker Newt Gingrich has publicly predicted $1 trillion in tax cuts over the next decade.

House Majority Leader Dick Armey, Texas Republican, said if surpluses aren't rebated to the American people, they will be spent by Washington.

"Either that money is going to be spent by big government for the purposes of big government, or it's going to be available to be returned to me in the form of a tax cut," Mr. Armey said.

He said the Democrats used Social Security taxes to finance bigger government. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Lott Calls Tax Cut an Option, but Puts Social Security First
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.