Reagan lashes at bankers in dispute on withholding

President Reagan lost his temper with the banking industry. In a meeting with congressional leaders, he said he was angry over bankers' attempts to repeal the interest and dividend withholding law. An attempt to repeal the withholding provision, backed by bankers who claim it would be needlessly expensive, now is stalling a social security rescue bill in the Senate. Just a week ago attempts to drape the repeal amendment around jobs legislation stalled that package until a deal was made.

You've read  of  free articles. Subscribe to continue.