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NEWS: House approves tax cut, giving Bush first big victory
House approves tax cut, giving Bush first big victory By Associated Press, 3/8/2001 19:35 WASHINGTON (AP) The Republican-controlled House voted Thursday for an across-the-board tax cut of nearly $1 trillion over the next decade, handing President Bush a major victory only 48 days into his term. The vote was 230-198, largely along party lines, in favor of the reductions at the heart of the president's economic program, and came over the objections of Democrats who said the cut was too big and aimed at upper-income taxpayers. Approval of Bush's plan sent the bill to an uncertain fate in the Senate, where a pivotal bipartisan group of lawmakers has expressed concern about the $958 billion price tag. Bush's overall tax cut proposal runs to $1.6 trillion over the next 10 years. ***** Murray_Charters@xxxxxxxxx
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