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House Debate

Only Available in Archive Formats.
House Debate

House Debate

House Debate

Only Available in Archive Formats.

The House approved major tax cut legislation this afternoon after the Senate easily cleared a budget bill this morning. Both measures are expected to be on the President's desk by the end of the week and their passage marks the end of a long and contentious period of negotiations between the parties over the nation's fiscal matters. The legislation is designed to balance the budget by the year 2002 and to provide taxpayers with more than $95 billion in tax relief over the next five years. Although a few members of both parties opposed the agreement for not cutting taxes enough, or cutting spending too much, the legislation has literally flown through a Congress eager to adjourn for its summer vacation. NPR's Brian Naylor reports.