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individual retirement accounts (IRAs) to long-term health care policies without a tax penalty.
He criticized the findings of the Pepper Commission, which advocated national health insurance, with an estimated cost of $66 billion. “The failing was that they did not assign how the money would be raised or where it would come from. Our feeling is that the elderly will be asked to pay for that one too. ”
On foreign policy, Mr. Holchum said, “Eastern Europe would not be where it is today without Ronald Reagan and the strong defense he advocated. We need to continue that strong defense - the congressman is not anxious to act on the so-called ‘peace dividend’.”
He pointed to recent Soviet threats and military maneuvers in the upstart republic of Lithuania as evidence that Mikhail Gorbachev is not ready to let go his grip on the Soviet empire. “He let the satellites go, because they were a financial drain. But now a part of the country wants to break away, and what does Gorbachev do? Troops are massing on the border, communications are blocked and the people are told to turn in their weapons.
“That is the Soviet Union we must be aware of,” he said.
Congressman Slaughter continues his practice of not accepting honoraria, Mr. Holchum said. “He believes that the citizens of the Seventh District pay his salary, and he doesn’t need it supplemented by corporations whose views might not be shared by his constituents.”
The biggest problem with the most recent ethics bill proposed in the House, he added, was that the reform measures were tied to a 40 percent pay raise for members of Congress. “The congressman voted against it although he saw some positive things in the ethics bill... Congress is moving in the right direction, although it probably has a lot farther to go.”
He suggested that the Winchester Star was right on target with a recent editorial, which stated that any Democratic nominee is going to have a tough job in this fall’s campaign convincing Seventh District voters that they should send yet another Democrat to Congress.
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