[Congressional Record Volume 142, Number 49 (Wednesday, April 17, 1996)]
[House]
[Page H3548]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          HOW SERIOUS ARE WE?

  (Mr. GOSS asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. GOSS. Mr. Speaker, 8 days ago I stood in the Oval Office as the 
President signed into law the historic line-item veto. But how serious 
is the Washington establishment when it comes to enforcing real change?
  Today we read the first of what is likely to be many advertisements 
for Washington insiders pitching a seminar on how to circumvent the 
line-item veto. For a mere $245, people whose business it is to secure 
Federal money can learn, among other things:

       What can be done to insulate an appropriation, entitlement 
     or tax provision from a line-item veto.

  The law hasn't even gone into effect, and already people are seeking 
ways around it. And, later today, we consider a bill to take an entire 
category of Federal spending off budget, beyond the reach of the line-
item veto.
  Mr. Speaker, we crafted a tough and workable line-item veto to 
control runaway Government spending. How serious are we? I guess 
Americans will have to watch and see.
  Mr. Speaker, I provide for the Record the advertisement referred to:

                [From the Congress Daily, Apr. 17, 1996]

                    (Price Waterhouse LLP--Presents)

 The Line-Item Veto: How It Will Affect Appropriations, Entitlements, 
                               and Taxes


               The Executive Seminar You Need To Attend!

       Bedget and political analysts are calling the line item 
     veto the most significant revision in the legislative process 
     since Gramm-Rudman-Hollings. Many are predicting that it will 
     require substantial changes in the way people in Washington 
     conduct business.
       Price Waterhouse LLP's highly respected budget and tax 
     professionals will provide you with what you need to know 
     about the line item veto when you need to know it--NOW! 
     During this solid, no fluff, half-briefing you will learn how 
     the line item veto will work, including answers to these key 
     questions:
       Which appropriations or parts of appropriations will be 
     subject to a line item veto?
       Who will determine which tax provisions are vulnerable?
       What does the law mean when it said that only ``new'' 
     entitlements will be subject to a line item veto?
       How can Congress disallow or override a line item veto?
       What can be done to insulate an appropriation, entitlement, 
     or tax provision from a line item veto?
       What role will OMB, CBO, and the Joint Committee on 
     Taxation play in the line item veto process?
       All of this and much more in just a half day . . . you'll 
     be back in your office in time for lunch. And at only $245 
     per person (with a substantial discount for more than 4 
     people from the same organization), this special executive 
     briefing is the easiest and least expensive way for you to 
     learn what you need to know about the new challenges and 
     opportunities the line item veto will create for you and your 
     association or company.

                         Price Waterhouse LLP's

                    Line Item-Veto Executive Seminar

     Wednesday, May 8, 1996--8:30 a.m. to 11:30 a.m.
     Continental Breakfast Starting at 7:30 a.m.
     Hyatt Regency Hotel On Capitol Hill, Washington D.C.
     To Register, Or For a Copy Of The Full Agenda Call (202) 414-
           1757

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