Policy Luncheon, May 11, 1993

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Extent (Dublin Core)

7 Pages

File Name (Dublin Core)

lead_407_025_all

Title (Dublin Core)

Policy Luncheon, May 11, 1993

Date (Dublin Core)

1993-05-11

Date Created (Dublin Core)

1993-05-11

Congress (Dublin Core)

103rd (1993-1995)

Policy Area (Curation)

Government Operations and Politics

Creator (Dublin Core)

Dole, Robert J., 1923-2021

Record Type (Dublin Core)

memorandums

agendas (administrative records)

Rights (Dublin Core)

http://rightsstatements.org/vocab/CNE/1.0/

Language (Dublin Core)

eng

Collection Finding Aid (Dublin Core)

https://dolearchivecollections.ku.edu/index.php?p=collections/findingaid&id=26&q=

Physical Location (Dublin Core)

Collection 007, Box 407, Folder 25

Institution (Dublin Core)

Robert J. Dole Institute of Politics, University of Kansas, Lawrence, KS

Archival Collection (Dublin Core)

Robert J. Dole Republican Leadership Collection, 1985-1996

Full Text (Extract Text)

(Page 1)

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

(Page 2)
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

(Page 4)

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

(Page 5)

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

(Page 6)

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)
Page 1

(Page 7)
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
Page 2
(Page 1)

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

(Page 2)
POLICY LUNCHEON AGENDA
Tuesday, May 11, 1993
Schedule:
Motor Voter
Cloture vote scheduled for 3:00p.m. unless vitiated.
RTC Financing - D'Amato
Variaty of amendments likely - among the most controversial is Metzenbaum's Statute of Limitations.
OTHER:
Update on Packwood matter - Stevens
Campaign Finance - McConnell
Our "shadow" advisory group has prepared "quick" analysis for handout.
Gays in Military - Thurmond/Warner
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

(Page 4)

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

(Page 5)

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

(Page 6)

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)
Page 1

(Page 7)
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
Page 2

Policy Luncheon, May 11, 1993

Item