TAX PANEL DEMOCRATS CRAFT A REVENUE BILL.(MAIN)

Byline: Los Angeles Times

Democrats on the House Ways and Means Committee resolved competing demands for relief from a proposed energy tax Wednesday and reached agreement on a bill containing the largest tax increase in history, congressional insiders said.

Details of the agreement were being closely held Wednesday night, but Rep. Dan Rostenkowski, D-Ill., chairman of the tax-writing panel, said they would include changes in the President's proposed broad-based energy tax to accommodate objections from farm-state Democrats and other special interests. Such changes, he said, were needed to ease the bill's passage through the House.

After …