Ronald Reagan actually said...

I am withholding my approval of H.R. 4353, to amend the Act entitled 'An Act to Establish a Uniform Law on the Subject of Bankruptcies.'

The bill addresses the revenue side of this problem by temporarily doubling the excise taxes on coal producers.

Accordingly, this language of section 114(e) must be objected to on constitutional grounds.

I am gratified that the bill represents the combined efforts of the coal industry, the insurance industry, and organized labor, especially t...