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The House was expected to pass as early as today a bill that would revamp the Internal Revenue Service. Earlier, House and Senate lawmakers planned to formally announce details of the compromise bill, which would strengthen taxpayer rights. Republicans attached a provision to change the holding peri...

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Bibliographic Details
Published inThe Christian Science monitor (1983)
Main Author Compiled by Robert Kilborn, Cynthia Hanson, Caryn Coatney, and John Christian Hoyle
Format Newspaper Article
LanguageEnglish
Published Boston, Mass The Christian Science Publishing Society (d/b/a "The Christian Science Monitor"), trusteeship under the laws of the Commonwealth of Massachusetts 25.06.1998
Subjects
Activism
Congressional elections
Diplomatic & consular services
Economic growth
GDP
Gross Domestic Product
Missiles
Presidential elections
Prime ministers
Professional soccer
Religious persecution
Riots
Sanctions
Surveillance
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Summary:The House was expected to pass as early as today a bill that would revamp the Internal Revenue Service. Earlier, House and Senate lawmakers planned to formally announce details of the compromise bill, which would strengthen taxpayer rights. Republicans attached a provision to change the holding period in the new capital-gains tax law from 18 to 12 months. A Senate vote is expected in early July, and President Clinton says he'll sign the bill. Democratic lawmakers block-ed a Senate vote on measures designed to crack down on China. They said the proposals, offered as amendments to a defense spending bill, would undermine Clinton's authority at the US-China summit. The measures would have blocked travel visas for Chinese officials who engage in religious persecution or promote forced abortion and sterilization policies, and would have blocked US-subsidized World Bank loans. Clinton vetoed legislation that would have imposed tough sanctions on US companies that sell missile technology to Iran, calling the measure "inflexible and indiscriminate." Congress is considered likely to override the veto. Meanwhile, UN Ambassador and Energy Secretary-designate Bill Richardson told ABC's "Good Morning America" it will be difficult for the international community to lift sanctions on Iraq if UN inspection teams confirm that the country put deadly nerve gas on Gulf-war missile warheads.
ISSN:0882-7729
2166-3262