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ELECTRICAL ENGINEERS SUPPORT BUDGET DEFICIT REDUCTION

 WASHINGTON, May 26 /PRNewswire/ -- In letters received today by members of Congress, the United States Activities unit of The Institute of Electrical and Electronics Engineers, Inc., (IEEE-USA), noted its strong support "of President Clinton's efforts to reduce the budget deficit, encourage economic growth and productive investment, create jobs, and promote U.S. economic and technological competitiveness."
 According to the letter from IEEE-USA Board Chairman Charles K. Alexander Jr., "President Clinton's deficit reduction package, as contained in the Omnibus Budget Reconciliation Act of 1993 (HR 2141), includes many provisions that are particularly important to the IEEE's U.S. members."
 Alexander listed: a permanent extension of the $5,250 tax exclusion for employer-provided educational assistance; a permanent extension of the research and experimentation tax credit; and a major revenue-raising provision that would permit the Federal Communications Commission to use auctions to assign portions of the public radio spectrum to commercial users.
 IEEE is the world's largest technical professional organization, with 320,000 members in over 150 countries. IEEE-USA promotes the professional careers and technology policy interests of U.S. electrical, electronics and computer engineers.
 -0- 5/26/93
 /CONTACT: Pender M. McCarter of The Institute of Electrical and Electronics Engineers, 202-785-0017/


CO: Institute of Electrical and Electronics Engineers ST: District of Columbia IN: CPR SU: ECO

KD-DC -- DC015 -- 2459 05/26/93 12:23 EDT
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Publication:PR Newswire
Date:May 26, 1993
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