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To: World'sGoneInsane

Upon further research, I was wrong:

November 29, 1982
ENTERPRISE ZONE UPDATE

INTRODUCTION

In his televised address to the nation just before the November elections, Ronald Reagan declared that passage of an enterprise zone bill was among his top priorities for the lame duck session of Congress.

Ever since he first announced commitment to the concept during the 1980 presidential campaign, Reagan has pressed for congressional action on the proposal, which is designed to revive inner city communities through the removal of government barriers to business enterprise. After considerable delay, caused mainly by disagreements between the Departments of Housing and Urban Development and Treasury, the Administration sent its legislative proposals to Capitol Hill in March 1982.

The Enterprise Zone Tax Act (H.R. 6009, S.2298) won the sponsorship of many legislators who had introduced their own versions of the concept—most notably Congressmen Jack Kemp (R-N.Y.) and Robert Garcia (D-N.Y.) By October it had attracted 129 bipartisan co-sponsors in the House and 28 in the Senate.

Yet the measure has languished in Congress. Despite its wide support among House Democrats, not a single Democrat on the House Ways and Means Committee has co-sponsored the bill, and no formal hearings have been scheduled. As the Congressional Quarterly surmised, it appears that Committee leaders were “not anxious to hand Reagan another victory” before the November elections...

http://www.heritage.org/research/reports/1982/11/enterprise-zone-update


92 posted on 10/20/2011 7:16:37 PM PDT by luckybogey
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To: MNJohnnie

See #92


93 posted on 10/20/2011 7:18:44 PM PDT by Netizen (Path to citizenship = Scamnesty. If you give it away, more will come. Who's pilfering your wallet?)
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To: luckybogey
Now I remember this. Reagan was going to ease federal regulations and the tax burden to businesses in depressed areas. This was to provide jobs in areas known as enterprise zones. The idea was to rebuild the blighted areas.
107 posted on 10/20/2011 9:55:09 PM PDT by World'sGoneInsane (Just because you say it doesn't make it true. By repeating it, just makes it propaganda.)
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