1982 – GOV (Senate) – Administration’s Fiscal Year 1983 Budget Proposal, Bob Dole (R-KS)

1982 – GOV (Senate) – Administration’s Fiscal Year 1983 Budget Proposal, Bob Dole (R-KS)

Part 1 of 5

• STATEMENT BY THE HONORABLE DONALD T. REGAN, SECRETARY OF THE TREASURY
  • p26 – The federal corporate income paid by the largest mutual life insurance companies fell by 35 percent from 1979 to 1980, and by more than 40 percent from 1980 to 1981. The  primary reason for this reduction is modified coinsurance. In several cases, the effect was to nearly eliminate tax liability.

Part 2 of 5

• p22 – STATEMENT OF BURTON E. BURTON, SENIOR VICE PRESIDENT, AETNA LIFE & CASUALTY CO., ON BEHALF OF THE HEALTH INSURANCE ASSOCIATION OF AMERICA …and the American Council of Life Insurance.
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