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August 27, 1999     Cape Gazette
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August 27, 1999

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64 - CAPE GAZETTE, Friday, August 27 - September 2, 1999 Biden " Continued from page 80 versal for Democrats and Repub- licans. However, he said that par- tisanship must be put aside and a compromise found for the guaran- teed Presidential veto that the Re- publican tax cut plan faces. In his opinion, the relatively insignifi- cant savings in taxes realized by most people does not justify jeop- ardizing the future of social secu- rity, medicare and other far-reach- ing national programs. The beach replenishment proj- ects that Biden referred to were sealed with a Presidential signa- ture Aug. 17, the day before the chamber meeting. Clinton signed a $4 billion water projects bill that includes $170 million for four re- plenishment projects in Delaware. With a nod to Dewey Beach May- or Bob Frederick, Biden reminded those at the chamber meeting that Clinton and many legislators only grudgingly approved beach re- plenishment; he said those things would be the first to go if the economy is not guided properly and takes a downturn. Frederick said projects included in the $170 million are authorized to be carried out over the next 50 years, but the funding will have to be allocated annually in spending legislation. The projects include a variety of beach replenishment programs at Broadkill Beach, Port Mahon, Roosevelt Inlet-Lewes Beach and from Cape Henlopen to Fenwick Island. "The senator was talking to the right audience," Frederick said. "We are small business people who benefit from keeping interest rates low and our businesses are here because the beach is here. 1t' it is not kept healthy, we don't have people coming, we don't have outlets locating here. "I understand that we will have to, in effect, reapply for the re- plenishment money every year, but the first step was to get it allo- cated. Since that is done, we are prepared to keep organize and make our case as many times as we need to." Frederick found it interesting when Biden pointed out that many states have come to the Delaware contingent for support when they needed disaster money or other funding support from Congress. The Senator said that most of those legislators don't want to hear about the need for beach re- plenishment when it's Delaware's turn, even though tourism is the state's second largest industry and many livelihoods depend on it. The Dewey Beach mayor also appreciated the way Biden ex- plained the network effect of cut- ting taxes or leaving them where they are. "What he said makes sense to me. The small amount realized in the tax cuts are insignificant com- pared to what we can gain by pay- ing down debt and keeping impor- tant federal programs strong." Frederick said that the chain re- action that Biden outlined - lower debt leading to lower interest rates leading to lower mortgage pay- ments, more cash to buy furniture for the home, spend on clothing and other consumer goods - is logical and, in his opinion, work- able. , Area businessman Chip Hearn said that he sees the logic in the Biden approach as well. He said the Senator brought to light some factors that he had not seen in- eluded in any information regard- ing the much-touted tax cut. "I think that I and most of those attending went in feeling that the Republicans had done well with getting a tax cut passed," Hearn said. "But there are some facts that are obviously not part of much of the reporting we've seen." The founder, of Peppers said Biden made two key points that came home to him and should to all who heard his message. "For one thing, when you look at the concept of choosing a tax cut or beach replenishment, I and everyone else in Sussex County had better choose beach replen- ishment. That' reality here," Hearn said. "And, the second point he made is 'Talk all you want to, but you can't do anything until you have the money. Delaware is an example of that, look at all that has been done with our surpluses, infrastructure, cul- tural improvement, things that touch almost every community, but the programs were not done until the state had the money. He is saying that you can't reduce the money that you are collecting and continue to spend counting on surpluses that won't be there. "I think the man made two very substantial points for those of us in Sussex County." Heam also thought that Biden is Chamber of Commerce for Greater Milford continues membership drive The Chamber of Commerce for Greater Milford is continuing its quarterly membership campaign, which began on Aug. 16 and will continue through Aug. 31. Already onboard are Beaver Branch Florist, the Bridal Bou- tique Ltd., Chesapeake Utilities, Delmarva Paging and Delmarva Speed and Sport. During the campaign, any busi- ness that signs.up as a member will receive a special discount on their membership fee. New members will be recog- nized in the September newsletter which is distributed to over 300 businesses in the Greater Milford area. In addition, new businesses will be included in the new "Quality Living" business directory due out at the end of the year. Some of the benefits of Cham- ber membership include the busi- ness-to-business discount pro- gram, monthly mixers, business- to-business referrals, advocacy for issues pertaining to small business within the Greater Milford area, Internet Web site listing, customer referrals, breakfast forums on is- sues affecting local businesses, networking capabilities, competi- tive telecommunication rates through Conectiv Communica- tions and opportunities for busi- ness promotion through four an- nual community events. The Chamber of Commerce for the Greater Milford area by pro- moting civic, industrial, commer- cial, educational, agribusiness, so- cial and quality of life interests of the community. For more information, contact Greater Milford supports a bal- Charles Gray, executive director anced economic development of at the Chamber, 422-3344. sincere in wanting to work toward a compromise on some sort of tax package that does not carry the consequences of the one passed earlier this year by the Republican dominated Congress. Outlining key steps to maintain- ing the nation's present economic health and general well being, Biden listed paying down the debt to keep interest rates low, using some of the surplus to ensure the solvency of Social Security and Medicare, preventing further ero- sion of the national security and law enforcement and funding edu- cation. To support hisease for fiSCal sponsibility, Biden cited similar opinions and approaches es- poused by Treasury See: Sum- mers and Alan Greenspan, chair- man of the Federal Reserve Board. He also said that polls show that 70 percent of Ameri- cans do not favor the tax cut. According to Carol Everhart, executive director of the chamber, the Aug. 18 meeting with Biden as guest speaker drew the largest crowd ever for an August meet- ing. Rehoboth Bay Realty, Co. 945-7600 "7. J. Redefer REALTOR and family, (Bobble, LelghAnn & ,Jack} It's NOT just about real estate. It's about real people. T Century 21 system's skilled professionals understand the anxieties and ques- tions you have when buying or selling your home. In fact, homeowners consistently name our sales associates the most professional and knowledgeable. Plus, as the world's # 1 real estate sales organization, we have more people, resources and technology to help you find or seR your home. That's the power of CENTURY 21. Put/t to work for youl 00a00vG.lng Drea,na Cone Truel/ onl