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The Observer VOL. XXIII NO. 35 FRIDAY , OCTOBER 12, 13tiU THE INDEPENDENT NEWSPAPER SERVING NOTRE DAME AND SAINT MARY’S House Democrats draft tax hikes for wealthy WASHINGTON (AP) — President Bush income people from 28 percent to 31 said Thursday he could trade a modest percent, ease the top rate from 33 increase in taxes on affluent Americans percent to 31 percent for some 4.5 for a deep cut in capital gains rates but million slightly less well-to-do taxpayers that it was “a waste of time” to try to and chop the rate on capital gains from push such a deal through a divided 28 percent to 15 percent. Congress. That would do away with the “bubble” Instead, Bush called on lawmakers to in the tax code, under which some put aside that battle and come up with a upper middle-income taxpayers now pay $500-billion deficit-reduction plan that a higher rate than the wealthiest. contains neither element. W ithin hours, Democrats on the House The White House held out the proposal Ways and Means Committee said they as the outer limit of Bush’s willingness were well into writing an alternative to compromise on taxes. Of some budget that would not only raise taxes Democratic proposals to raise the top on rich Americans but push them higher rate to a flat 33 percent, Bush said, “I than Bush has said he can accept. cannot accept that.” The committee’s chairman, Dan Thursday’s proposal by the Ways and Rostenkowski of Illinois, said the Means Committee Democrats, which changes would “restore fairness to our they plan to offer on the House floor tax system." He said the Democrats next week, would indeed raise the top would meet again Friday to decide rate for the richest Americans to 33 whether the package will also reduce the percent. And people earning more than capital gains tax rate, but if it does “it’ll $ 1 million annually would also pay a 1 0 be a lot less rich ” than the percent tax surcharge. administration’s version. Congressional committees are working In addition, cuts to Medicare toward the goal of finding a half-trillion beneficiaries would total $ 1 0 billion over dollars in spending cuts and tax the next five years, down from the $28 increases before the Oct. 19 deadline billion budget summit negotiators when the latest emergency spending agreed to last month and $7 billion less authorization expires. than the full Ways and Means By most accounts, higher Medicare Committee agreed to Wednesday. premiums and taxes on alcohol, Bush’s budget director, Richard G. cigarettes and gasoline are likely to be Darman, told a Senate panel that the included. administration had privately proposed “We believe we have made progress,” coupling a 31 percent top tax rate with a Senate Democratic Leader George capital-gains cut last month but had Mitchell said after a meeting with been turned down by Democrats. Republican Leader Bob Dole and members of the Finance Committee. “It’s my personal opinion that it’s not Trying to end two days of confusion negotiable on satisfactory terms on both surrounding the president’s position on sides,” Darman told the Senate taxes, the White House laid out — but Governmental Affairs Committee. said it wouldn’t push — a plan that “There just isn’t a deal there.” would combine higher taxes on the The developments came in a day of 500,000 or so wealthiest Americans with damage control at the White House, as lower capital gains rates for people who Bush and his lieutenants sought to profit from sales of stocks, real estate counter an impression of presidential and other investments. indecisiveness on the continuing budget Bush, trying to put the pressure on impasse. Restored beau The Observer/Andrew McCloskey lawmakers, said, “ The meter is running, but look, I can’t dictate to Congress. ” The president presented his case in Sacred Heart’s restored beauty is shown here, the result of nearly two year’s His hypothetical package would three separate White House meetings on painstaking work. increase the top rate on the highest- Thursday w ith House Republicans. Clark: Irish, U.S. influence each other S c h e d u l e o f E v e n t s By COLLEEN GANNON A final contrast between the rebellion of 1798 failed, ■ Air Force Weekend 1990 ■ News Writer two countries that Clark America received talented pointed out came from litera­ refugees from Ireland. These F rid a y Americans probably had a ture. “ On one hand is the sweep refugees helped to invent the 3 p.m. Campus tours departing from the statue of Our more distinctive cultural impact o f a g re a t c o n tin e n t. On the American political party sys­ Lady, Main Gate on Ireland than they have had other is the confinement of an tem, said Clark. 4:30 p.m. Marching Band Rehearsal, from Washington on their two closest neighbors, intimidated nation,” he said. As for religious development, Hall, and steps of Main Building to Green Field Mexico and Canada, said Despite their differences, “The Roman Catholic clergy 4:30 p.m. Glee club, open rehearsal, Crowley Hall, Dennis Clark, a prominent his­ Clark spoke of American eco­ have built up the greatest Room 115 torian on the Irish. nomic, political, and religious church in the U.S. by means of 7 p.m. Pep rally, Joyce ACC, Gate 3 “Big countries have problems influences on Ireland. the Irish masses,” he said. 7:30-10:30 p.m. Parents' Football Weekend “Casino Night,” Stephan Center dealing with little countries,” Economically, “the United In modern times, Ireland has 9:30 p.m. Sorin talent show, front porch of Sorin Hall said Clark in his lecture entitled States drew off the surplus la­ become inundated with the im­ “Paddy’s Payback: The bor of a stricken society,” said ages and w ritings of our mass American Impact on Ireland. ” Clark.The money earned “kept communication. “The most S a tu rd a y The difference of scale between whole generations from suffer­ tawdry American television 7 a.m. Band Rehearsal, Cartier Field a massive America and a tiny ing the devastation of hunger in nonsense echoes in the house­ 8 a.m.- game time ND & SMC alumni & friends are in­ Ireland gives rise to peculiar Ireland," he said. holds of families who just one vited to Alumni Hospitality Center, JACC, Gates 2 &3 notions about each of the two In modern times, 350 generation ago were the heirs 9:30 a.m. Pom Pom Squad Performance, JACC North countries, he said. American corporations have to an ancient oral, literary tra­ Dome 9:30 a.m. Alcoholics Anonymous, Center for Social According to Clark, these subsidiaries active in Ireland dition,” said Clark. Also, representing $3.6 billion. Clark American rock music and Concerns notions include America as a 10 a.m. Pom Pom Squad & Cheerleading performance, said that is a considerable clothing styles effect life in giant consumer warehouse in front of Bookstore amount of money for a small Ireland. bereft of any deeper values and 10 a.m. Glee Club concert, JACC North Dome “The greatest force operating Ireland as a smiling fairyland of country like Ireland. 10:30 a.m. Shenanigans performance, JACC North charm and sociability. Politically, “ the great deeds of between the two countries was Dome The differing dreams of the the American Revolution had a the simple force of human in­ 10:30 a.m. Band concert, Main building steps two countries provide another reverberation there,” he said. terchange," he said. 11:20 a.m. Band steps-off contrast. America dreams of According to Clark, the vision of Furthermore, the Irish did not 12:10 p.m. Notre Dame vs. Air Force, Stadium frontiers, mobility, and wealth, liberation from colonial rule even have to come here to be After the gameND/SMC all-class reunion, JACC North while Ireland dreams of a dif­ gave the Irish aspiration to­ Americanized, said Clark. Dome Gates 2 &3 ferent kind of mobility and wards democracy. 4 p.m. Mass, Crypt escape, said Clark. On the other hand, when the see IRISH / page 6 5 p.m. Mass, Sacred Heart Church page 2 The Observer Friday, October 12, 1990 I n s id e C o l u m n W e a t h e r Corporate America needs new attitude You have a degree (or almost) from one Yesterday’s high: 50 of the nation’s leading Yesterday’s low: 37 universities. You were Nation’s high: 99 a top student in your (Monrovia, Calif.) class. You held pres­ Nation’s low: 1 8 tigious internships 80 90 (Gunnison, Colo, and McCall, Idaho) during your summers Christine Walsh and have (or will F o recast: have) a job with a Business Editor major corporation. ---- — ---------------------- FRONTS Mostly cloudy and not as However, ten years from now, chances are cool today. Highs in the that you will be making significantly less lower 60s. Decreasing money than the guy (with the same job title) COLD WARM STATIONARY ©1990 Accu-Weather, Inc. cloudiness and cool in the office next to yours, in the best sce­ Pressure tonight. Lows in the lower nario, and you will not even have reached pvl h--1 2 2 40s. Partly sunny and a the same position in the same amount of ® © little warmer Saturday. HIGH LOW SHOWERS RAIN T-STORMS FLURRIES SNOW ICE SUNNY PT. CLOUDY CLOUDY time, in the worst.

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