Date: September 28, 1989
Subject: Fiscal 1990 Budget Reconciliation
Description: Rostenkowski (D-IL) amendment to the Omnibus Budget Reconciliation Act to eliminate the capital gains tax cut called for in the reconciliation bill. The Rostenkowski amendment also would have raised the top marginal tax rate from 28% to 33% and created something called a "deficit-reduction trust fund".
Result: Amendment Rejected, 190-239
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