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House Republicans back President on tax issues

By Compiled From Wire Service Dispatches With Analysis From Monitor Correspondents Around The World, Edited By Laurent Belsie / April 29, 1983


In a show of strength, 146 House Republicans - enough to sustain a presidential veto - sent a letter to President Reagan urging him to veto any bill tampering with the July 1 tax cut or tax indexing.

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At the same time, Sen. Thomas Eagleton (D) of Missouri offered a compromise on tax indexing in an effort to break the impasse in Congress. His proposal would delay indexing until the federal deficit is reduced to 2 percent of the gross national product. The administration has estimated that figure will be hit sometime after 1988.