- Title
- Campaign Schedules
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-
- Document Title
- Newspaper Clippings & Correspondence regarding Campaign Schedules
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-
- Date
- 1989
-
-
- Creator
- ["Carol B. Davidson","Daniel M. Conley","Glenn K. Davidson"]
-
- Source
- L. Douglas Wilder Collection, L. Douglas Wilder Library, Virginia Union University, Richmond, VA
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-
Campaign Schedules
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Wilder’s bu
mixes cuts
Middle c!asl, ' v
poor would get
$44 billion b
et pi
tax credits
Staff and wire report
RICHMOND — Gov. L. Douglas
Wilder has released his plan for
$51 billion in federal spending cuts,
tax breaks and aid to cities, a pro¬
gram his advisers say will end child
poverty by the end of his first presi¬
dential administration.
Wilder will tout the new program,
which includes a $44 billion tax
break to the poor and middle class,
and another $7 billion in spending
on programs such as Head Start, in
a five-day campaign swing through
Maryland, South Carolina, Georgia
and New Hampshire beginning
Thursday.
Wilder has called for a program
of cuts in federal spending to bal¬
ance about $50 billion in tax cuts
and programs to help inner cities.
But he has not provided details un¬
til now.
The major proposal in the pro¬
gram is a $44 billion package of re¬
fundable tax credits to low- and
middle-income families, particularly
those with young children. Another
$7 billion would be used to expand
social programs, including Head
Start and the Women, Infants and
Children nutrition program.
To get the money, Wilder is call¬
ing for deep cuts in defense, produc¬
tivity increases and other steps
aides said would more than cover
the costs.
Wilder’s aides began discussing
the proposal with reporters last
weekend, and some details ap¬
peared in Sunday’s Los Angeles
Times, but Wilder has declined to
discuss the plan with reporters until
Thursday.
“The goal is to put America’s kids
first,” said Paul Goldman, Virginia
Democratic Party chairman and
Wilder’s chief political strategist. He
said the initial cost of the program
would rise over the next four years
by “$5 billion to $10 billion each
year. The point is that the cuts
could be made now, in the current
budget.”
Goldman said the program would
give the largest middle-class tax
break of any proposal from the
Democratic presidential candidates
and would help the poor.
Among the highlights of the
proposal:
Я
For families with incomes un¬
der $10,000, a $1,000 refundable tax
credit for each child under 6; a $750
credit for each child aged 6-17; and
a $100 credit for each adult. At in¬
comes above $10,000. the credits
would start to drop; they would be
phased out entirely after $43,500.
IS For the elderly who live on less
than $6,000 per year, a $300 refund¬
able tax credit.
a Fully fund Head Start and WIC.
SB Triple money for breast cancer
screening and prenatal care pro¬
grams.
Ш
Double money for the National
Health Corps, immunizations, child
abuse prevention, bilingual educa¬
tion, and a grab-bag of other pro¬
grams related to AIDS, job place¬
ment, civil rights and fighting fraud.
To pay for the initiatives, the
Wilder plan would cut next year’s
defense budget by $29.3 billion and
end the B-2 bomber program.
It also would save $23.5 billion on
the non-defense side, including
$7.5 billion from increasing govern¬
ment productivity.
Among other moves, Wilder
would:
a Reduce foreign aid 14 percent.
Cut the congressional, State
Department, and NASA budgets
and farm subsidies.
iS Eliminate certain user-fee
subsidies.
Ш
Reduce some business tax de¬
ductions.
Si Cut federal production of nucle¬
ar materials.
23 Freeze Medicare reimburse¬
ment rates, crack down on over¬
charges and repeal the salary cap
for Medicare contributions.