Vice President Al Gore, the Democratic front-runner, favors targeted tax cuts and using the majority of the projected budget surplus to shore up Medicare and Social Security. Deep in the heart of Bush's home state Wednesday, Gore attacked the Texas governor's endorsement of the huge House-approved tax cut package. Addressing the annual convention of the National Council of La Raza, a Latino rights organization, Gore cited portions of a new study ranking Texas fourth from the bottom in a list of the best states to raise children. Gore's sole rival for the Democratic nomination, former Sen. Bill Bradley, has also criticized the Republican tax cut plans. We want to be able during these good economic times to make sure everybody's on that train, moving forward.
Republicans say that since taxpayers created the surplus, they deserve the greatest payback.
But one Republican presidential candidate is sounding a note of caution. The Senate is expected to vote on a tax bill of its own this week that is similar in size to the House bill but differs in what tax cuts it would make. President Bill Clinton has said he would veto each one, meaning the issue will likely end up in negotiations between Republicans and Democrats in the fall. Inc. All Rights Reserved. Terms under which this service is provided to you.