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HOWARD O. GREENE, Jr.
United States Senate
SECRETARY FOR THE MINORITY MEMORANDUM
TO: THE REPUBLICAN LEADER
FROM: HOWARD O. GREENE, JR.
RE: BUSH INITIATIVES NOT ENACTED INTO LAW
DATE: MAY 11, 1993
	THE FOLLOWING IS A LIST OF INTIIATIVES FORMER PRESIDENT BUSH CHALLENGED THE CONGRESS TO ENACT, ALL OF WHICH WERE NEVER SIGNED INTO LAW:
INCENTIVES FOR FIRST-TIME HOMEBUYERS
CAPITAL GAINS TAX RATE REDUCTION
ENTERPRISE ZONES
INVESTMENT TAX ALLOWANCE
$500 PER CHILD INCREASE IN PERSONAL EXEMPTION
REGULATORY REVIEW (TO REDUCE FED. REGS. ON WORKERS AND CONSUMERS)
COMPREHENSIVE HEALTH CARE REFORM (ANNOUNCED BY THE PRESIDENT FEB. 6, 1992)
HEALTH INSURANCE MARKET REFORM
MALPRACTICE REFORM
BALANCED BUDGET CONSTITUTIONAL AMENDMENT
LINE ITEM VETO
CAPPING THE GROWTH OF MANDATORY SPENDING
ENHANCED RESCISSION ATUHORITY
AMERICA 2000, EXCELLENCE IN EDUCATION
JOB TRAINING 2000
COMPREHENSIVE CRIME BILL/CIVIL JUSTICE REFORM
PRODUCT LIABILITY/TORT REFORM

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POLICY LUNCHEON AGENDA
Tuesday, May 11, 1993
Schedule:
-	Motor Voter
o	Cloture vote scheduled for 3:00p.m. unless vitiated.
-	RTC Financing – D’Amato
o	Variaty of amendments likely – among the most controversial is Metzenbaum’s Statute of Limitations.
OTHER:
-	Update on Packwood matter – Stevens
-	Campaign Finance – McConnell
o	Our “shadow” advisory group has prepared “quick” analysis for handout.
-	Gays in Military – Thurmond/Warner
o	Field hearings
-	Supplemental

The Polling Spotlight
From the Office of the GOP Conference Secretary, Trent Lott, Secretary
Dave Hoppe, Staff Director 202-224-3496
Released: 5/11/93
1) CLINTON GETS NET NEGATIVE JOB RATING
(Harris Poll: 1,252 adults surveyed 4/28-5/3; margin of error +/- 3%; rel. 5/6)
Clinton Job Performance	NOW	3/93	1/93
Excellent/Good	43%	52%	54%
Only Fair/Poor	54	44	31

2) CLINTONOMICS
(L.A. Times/Mirror Poll: 1.009 adults surveyed 4/29-5/2; margin of error +/- 3%; rel. 5/7)
Q: “Will Clinton be successful getting plan enacted by Congress?”
Successful	41%	Not	45%
Clinton Job Perf.	NOW	4/93	2/93
Support	45%	49%	56%
Oppose	37	29	25
Clinton Econ. Plan	NOW	2/93	
Support	46%	58%	
Oppose	36	27	

Q: “What should Clinton give higher priority this year?”

	NOW	1/93
Reduce budget deficit to improve long-term outlook…	41%	38%
Stimulate economy to improve conditions right away…	52	54

Q: “If Clinton plan is enacted, how will you be financially…”

	A Year from Now?	Three Years from Now?
	NOW	2/93	NOW	2/93
Better off	29%	33%	39%	50%
Worse off	46	42	37	32
No difference	13	14	6	5

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3) BOSNIA
(CBS Poll: 834 adults surveyed 5/4-5; margin of error +/- 4%; rel. CBS 5/6)
Q: “To end the fighting, lift arms embargo for Bosnian Muslims?”
FAVOR 50% Oppose 31%
Q: “Sending in U.S. ground troops to end fighting?”
FAVOR 31% Oppose 60%
(ABC Poll: 516 adults surveyed 5/6; margin of error +/- 5%; rel. 5/6)
Q: “If European Allies don’t participate, should U.S. take action alone?”
YES 12% NO 86%
4) TAX INCREASES TO PAY FOR HEALTH CARE?
(ABC/W Post Poll: 1,507 adults surveyed 4/23-26; margin of error +/- 3%; rel. 5/3)
Tax increases to pay for health care	Support	Oppose
$2/pack cigarette tax	65%	35%
$1/quart wine/liquor tax	75	24
$.5/6-pack beer tax	77	23
5% VAT/national sales tax	47	54

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WILLIAM V. ROTH Jr.
DELAWARE
104 Hart Senate Office Building
Telephone: 202-224-2441
United States Senate
WASHINGTON, DC 20510
COMMITTEES: GOVERNMENTAL AFFAIRS FINANCE BANKING, HOUSING AND URBAN AFFAIRS JOINT ECONOMIC COMMITTEE
May 11, 1993
Dear Republican Colleagues:
	I would like to invite all of you to join Trent Lott and myself at a press conference tomorrow morning at 10 a.m. in the press gallery to announce a new proposal for job creation, savings and investment. We have attached a copy of our worksheet for you to review, and have previously sent copies of this to all of your offices.
	If you are unable to attend tomorrow’s press conference, we are hopeful that you can support us by adding your name to the list of supporters. Please contact Mark Mullet (x42441) or Susan Connell (x46253).
Sincerely,
Bill
William V. Roth, Jr.
U.S. Senate
WVR/msm

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Tax Incentives for private job creation and savings	Effective	1993	1994	1995	1996	1997	1998	Total
Reduce the Cost of Capital and Tax Penalties on Investment
1 Index the Basis of Assets for Capital Gains; Assets sold after Indexing Begins	1/1/93	$0	($400)	($1,200)	($2,200)	($3,300)	($3,600)	($11,700)
2 Alternative Minimum Tax Changes to Alter AMT Adjustment and Eliminates *ACE* Adjustment	1/1/93	$0	($142)	($383)	($594)	($756)	($648)	($2,523)
Encourage Investment in Small Business
3 Increase Expensing Deduction under §179 to $25,000 from current $10,000 limit	7/1/93	$0	($1,600)	($2,600)	$1,800)	($1,400)	($1,000)	($8,400)
Reduce the Tax Bias Against Savings (that favors consumption)
4 Bentsen-Roth Super IRA: Reinstates Fully Deductible IRAs & Creates Backloaded IRA Option; Frontloaded Effective	1/1/94
1/1/96	$15	$2,953	$1,696	$312	($3,175)	($4,847)	($3,046)
5 Penalty-Free Early Withdrawals for First Home Purchases, College Education, Medical Expenses and Long-term Unemployment Costs from IRAs, 401(k)s and 403(b)s	DOE	($155)	($567)	($567)	($474)	($378)	($253)	($2,394)
Encourage Private Businesses to Hire New Employees
6 13.85% Jobs Income Tax Credit for Hiring Employees	7/1/93	($850)	($2,550)	$0	$0	$0	$0	($3,400)
Repeal Tax Penalties on Industry Sectors
7 Repeal Luxury Taxes on Boats, Cars, Airplanes, Jewelry & Furs	1/1/93	($173)	($314)	($386)	($471)	($563)	($665)	($2,572)
8 Modify Passive Loss Rules for Real Estate/Material Participation	7/1/93	$0	($632)	($479)	($471)	($473)	($486)	($2,541)
Total Tax Incentives for Jobs and Savings	--	($1,163)	($3,252)	($3,919)	($5,698)	($10,045)	($12,499)	($36,576)
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Economic Incentives for Growth and Savings (fully offset) FINAL DRAFT
Spending Offsets to Pay for Jobs Program	Effective	1993	1994	1995	1996	1997	1998	Total
Mandatory Programs
1 Eliminate Lump Sum Benefit for Federal Employees	10/1/95	$0	$0	$0	$2,100	$3,032	$3,197	$8,329
1 Medicare Secondary Payor Reform	10/1/93	$0	$400	$650	$650	$650	$650	$3,000
Discretionary Programs Enforced Through Spending Caps		$1,200	$4,109	$7,295	$8,343	$9,155	$9,670	$39,772
3 Reduce Federal Aid for Mass Transit	10/1/93	$0	$530	$950	$1,300	$1,600	$1,850	$6,230
4 Eliminate Highway Demonstration Projects	10/1/93	$0	$180	$760	$1,000	$1,150	$1,200	$4,290
5 Repeal Davis Bacon	10/1/93	$0	$312	$882	$1,218	$1,394	$1,523	$5,329
6 Modify Successorship prov. In Govt. service contacts	10/1/93	$0	$160	$180	$180	$190	$190	$900
7 Federal Employee Savings (Federal Employment 100,000)	10/1/93	$0	$788	$1,844	$1,951	$2,122	$2,191	$8,896
8 Federal Government Administrative Expenses (1993 rescission)	DOE	$1,200	$1,800	$1,800	$1,800	$1,800	$1,800	$10,200
9 Modify vacation leave for federal managers	10/1/93	$0	$5	$5	$10	$10	$15	$45
10 Leg. Branch Administrative Savings ($20 million/year)	10/1/93	$0	$20	$20	$20	$20	$20	$100
11 Eliminate Interstate Commerce Commission	10/1/93	$0	$25	$30	$30	$30	$30	$145
12 Close/Privatize Federal Helium Reserves	10/1/93	$0	$128	$133	$138	$143	$150	$692
13 Reduce Legal Services Corporation Funding by 50%	10/1/93	$0	$160	$190	$195	$195	$200	$940
14 Terminate Copyright Royalty Tribunal	10/1/93	$0	$1	$1	$1	$1	$1	$5
15 Reduce Foreign Aid: Eur. Bank for Recon. & Dev. And Spec. Def. Acq.	10/1/94	$0	$0	$500	$500	$500	$500	$2,000
Total Offsets		$1,200	$4,509	$7,945	$11,093	$12,837	$13,517	$51,101
Net Budget Impact		$37	$1,257	$4,026	$5,395	$2,792	$1,018	$14,525
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