July 28, 2000
vol. 1, no. 22
Contents:
Clinton,
Promising Veto, Calls on GOP to Send Tax Bills to Him
House
Passes Regulatory Reform Bill
NADA
Fights Chamber and Manufacturers on Arbitration Bill
Congresional
Calendar
Clinton, Promising Veto, Calls on GOP to Send Tax
Bills to Him
Seeking to spotlight the total cost of tax cuts passed by
Republicans, President Clinton Wednesday said that the GOP
should stop sitting on the estate tax relief and marriage
penalty tax relief measures Congress has approved and send
them to the White House before leaving town this week.
"If congressional Republicans truly think these tax cuts
are good policy, instead of just good politics, they should
put them together and send them down to me right now, before
they break for their convention," said Clinton. Nevertheless,
Clinton indicated the tax measures would not survive long
after reaching the White House, where they would be vetoed.
"That is my plan," he said.
Meanwhile, House Speaker J. Dennis Hastert (R-Ill.) and
Senate Majority Leader Trent Lott (R-Miss.) Wednesday heralded
the imminent transmittal of the marriage penalty relief
measure to Clinton's desk. Last week GOP leaders appeared set
on making sure Clinton received the bill in time to sign or
veto it before the end of the Republican National Convention.
However, this week they downplayed the timing partially
because Clinton seems intent on the veto and partially because
they seemed more focused on the veto override strategy for
this fall.
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House Passes Regulatory Reform Bill
On July 25, the full House approved by voice vote a
compromise bill (H.R. 4924) to require the General Accounting
Office (GAO) to report to Congress on economically significant
regulations and provide an evaluation of the potential costs
and benefits of these rules, as well as alternative
approaches.
The Truth in Regulating Act of 2000 would establish a
three-year pilot project for GAO and is similar, but not
identical, to legislation passed by unanimous consent in the
Senate on May 9. The bill's provisions would go into effect
when an agency proposes an economically significant rule and
the chairman or ranking minority member of a committee of
jurisdiction in either the House or Senate requests that it be
reviewed.
"The Truth in Regulating Act is one of a series of
significant regulatory reform initiatives being considered by
Congress. Dealers should benefit from any new legislation that
will limit a federal agency's ability to impose undue burdens
or costs on business," said Bill Newman, chief operating
officer, NADA's Public and Legal Affairs.
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NADA Fights Chamber and
Manufacturers on Arbitration Bill
After a concerted effort by NADA and its member
dealers, House Judiciary Committee Chairman Henry Hyde
(R-Ill.) has indicated the committee will take up H.R. 534,
the NADA-backed voluntary arbitration bill, when Congress
returns in September. Rep. Hyde, Senate Judiciary Chairman
Orrin Hatch (R-Utah) and the Republican leadership are being
pressured by the U.S. Chamber of Commerce and automobile and
truck manufacturers to delay action on H.R. 534 and its Senate
counterpart, S. 1020.
NADA members should use the August recess, which starts
today and runs to September 6, to visit with their Members of
Congress and request that they urge the leadership to take
action on the bills in early September.
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National Automobile Dealers Association
Public
Affairs Group
703-827-7407
mailto:nada@nada.org
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