The Galveston Daily News from Galveston, Texas • Page 10

10-A (Bli laHjj Neuia Sunday Morning, August 24,1986 Reagan urges tax plan approval SANTA BARBARA, Calif. President Reagan, reverting to his days as a radio sportscaster, called on Congress Saturday to "score the winning run" by ap- proving its sweeping tax reform plan. "Tax reform is on its way," Reagan exulted in his weekly radio address, delivered from his mountain-top ranch near here. In his first extended remarks about the tax plan since it was hammered out last weekend on Hill, Reagan used a baseball metaphor to show that despite widespread support, tax reform is not a certainty. "It's the bottom of the ninth and tax reform is rounding third and heading home.

We're about to score the winning run, not just of the game, but of the whole season, "Reagan said. But Reagan paraphrased the line of baseball great Yogi Berra to warn, "The game isn't over till it's over." Speaking to those who are holding out against tax reform, Reagan said, "There is absolutely no reason for further delay, which only causes uncertainty and hampers economic "I urge Congress when it reconvenes in September to act promptly and make tax reform the law of the land Reagan said. In the Democratic response, New York Rep. Charles B. a member of the conference committee that worked out the compromise legislation, chided Reagan for insisting on a bill that would not raise taxes.

"The Congress and the con- jference in an effort to preserve reform measures in the bill, went along with the president. But isn't the president deceiving himself and the nation as a whole when he insists on revenue neutrality? Our national debt has doubled in the 5V 2 years that the president has been in office," he said. "Mr. president, it may be the ninth inning but our home team can only win when we finally put that deficit behind us." Reagan had made passage of legislation the premier legislative goal of his second term. Calling the bill "revolutionary," he said it would cut taxes for most people, reduce the top individual and corporate rates and take working poor off the tax rolls.

By closing many tax loopholes, Reagan argued, the package will channel money "into the productive economy where it belongs." Reagan commended the sponsors of the bill, Rep. Dan Rostenkowski, D-I11, and Sen. Bob Packwood, for their "great achievement" in shepherding the program through some troubled times on Capitol Hill and the "chorus of pessimists" who derided chances for the radical reform. Taking an international tack to argue in the plan's favor, Reagan boasted that the sweeping plan would give America "the lowest marginal rates and the most modern tax code in the industrialized world one that encourages risk-taking, innovation, and that old American spirit of enterprise." Reagan predicted that not only will tax reform fuel America's economic growth, but act as an example and incentive to U.S. trading partners as well, whose economies haveslowed.

"Now is their opportunity to join us on the growth path, to carry this revolution of hope and opportunity around the world and create a strong, sound and growing world economy," Reagansaid. Other nations will have to follow the U.S. lead, Reagan reasoned, "in order to remain competitive with the American dynamo." "Tax reform is the door to a bigger future, a future as big and hopeful and full of heart as the American dream, a future of expanding possibility and ever-increasing opportunity for all Americans, indeed for the whole world," Reagansaid. The president delivered his radio address at his 688-acre ranch high in the Santa Ynez Mountains, where he is on a three-week vacation. Later in the day, the president was scheduled to attend a delayed birthday party for his wife, Nancy.

Mrs. Reagan's 65th birthday was July 6, but the party organized by long-time California friends has become a tradition of their August ranch stay. Due to the private gathering of about 40 couples, the president was not scheduled to attend to any ranch chores or take his usual afternoon horseback ride, White House spokesman Larry Speakes said. BAYTOWN Galoob FLEX FUTURISTIC 4X4 VEHICLE Control forward, reverse. Tires expand from highway to climbing Ages 5-up.

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