As such, he is committed to working with anyone who is serious about trimming our excess debt, and he applauds everyone-Republican or Democrat-who has at least put forward deficit reduction proposals in an effort to move the discussion forward.

"The negotiations that are taking place depend on the President's agenda," said Representative Ed Jenkins, the Georgia Democrat who is the sponsor of the capital gains reduction proposal now before the committee.

Beginning in 1998, Mr. Kinnock said, railway subsidies would be authorized only if accompanied by strict cost reduction proposals.

Mr. Packwood said in an interview today that he and Mr. Boren were trying to meld their plans in hopes of offering a bipartisan capital gains reduction proposal.

Even Mr. Bush's own arms reduction proposals would be threatened.

In part because of differing reduction proposals in the common council, city lawmakers remained stalemated for the rest of the year.

Did he favor taxing capital gains at a lower rate than ordinary income, and would he have backed the reduction proposal that the insurgent Democrats and the Bush Administration would like in this year's tax package?

"We also hear statements to the effect that the West would take on trust Soviet arms reduction proposals provided the Soviet Union changes its political system and accepts Western Society as a model to copy," he said.

The IBOA pointed out that as important as the discussions on the actual cost reduction proposals were, other areas would have to be the subject of discussion also.

Because, as a result of the European Union setting out for Kyoto with its reduction proposal of 15 %, Japan and the United States ultimately agreed to much stricter reduction targets than they had originally intended.