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Proposition 5 would grant the Texas Veterans Land Board the power to issue $500 million in tax-exempt, general obligation bonds that would be used to sup port the Texas Veteran Home Loan Program. The program provides low in terest loans to qualified veterans to buy homes and make home improvements. Flanked by veterans, real es tate representatives and mem bers of the Texas A&M Corps of Cadets, Mauro, head of the TVLB, said the money is neces sary to replenish the funds de pleted over the last two years. Mauro said the measure has garnered support across the state. “This is an easy sell,” he said. “This amendment passed with out a single dissenting vote.” Veterans have a positive im pact on the community, both socially and economically, Mauro said. “Where a lot of cities are bat tling crime, gangs and violence, and small towns are trying to preserve tradition,” he said, “vet erans help the community.” IHoyd Wells, representing Brazos Valley veterans, said the program was worthwhile be cause not only did it provide vi tal money to veterans, but it also did not cost the taxpayers. “I beg and plead with you to vote for this,” Wells said. “This does not cost taxpayers a dime.” A report from Mauro’s office said the VLB has provided veter ans with $354 million in home loans over the last 12 months. Since the program was estab lished in 1946, more than 140,000 veterans have received loans for an estimated $2.4 billion. Mauro said he supports the bill because it is something that veterans deserve. “We have a sign above the door of the Veterans Land Board that says, ‘We don’t do veterans a favor; we repay them one,”’ he F m Stew Milne,lull Garry Mauro speaks on behalf of Propositions 5 and 14,1): which benefit Texas veterans. said. “This has been a Texas tra dition since 1836.” Mauro also spoke on behalf of Proposition 14, which would al low raising the limits oil valorem tax exemption! erty owned by disabled v* or their surviving families House committee approves Medicare overha W □ The legislation would slow the growth of the program from 10 percent to roughly 6.4 percent. WASHINGTON (AP) — Over vociferous Democratic opposition, House Republicans muscled through committee on Wednesday legislation that would squeeze $270 billion from Medicare over seven years while ex panding health care choices for the elderly. The vote in the House Ways and Means Committee was 22-14, with all GOP mem bers of the panel embracing the bill and all Democrats opposed. Action in a second committee was briefly interrupted by a demonstration staged by el derly activists of a labor-backed organiza tion, an incident that underscored the pas sions stirred by the legislation. House Speaker Newt Gingrich is expected to bring the measure to a vote in the full House next week. A similar measure is pending in the Senate. President Clinton has threatened a veto. Capping a contentious three-day debate in the Ways and Means Committee that he chairs, Rep. Bill Archer of Texas said Repub licans had “kept our word” and devised a plan that assures Medicare’s solvency for current senior citizens and “for those who will become senior citizens.” The measure would slow the growth of the giant health program from an estimated 10 percent a year to roughly 6.4 percent. Most of the savings would come from curtail ing planned increases in fees for doctors and hospitals, although seniors would pay higher premiums, as well, with the wealthy paying much more. At the same time, the legislation,iti under Gingrich’s personal direction,»i senior citizens choose alternatives to:: rent fee-for-service Medicare, such ask maintenance organizations. Senioroti wouldn’t get breaks on their premini joining HMOs or other managed-carep but they might get better benefits,sit prescription drugs and eyeglasses. Citing a report by Medicare’s trustees publicans say the measure is necessi stave off bankruptcy for a Medicare trust The $270 billion in seven-yearss also was dictated by the balanced^ blueprint congressional Republicansp earlier in the year. Democrats charge peatedly that the figure was roughly times the size necessary to guare Medicare’s financial stability. We Score More! 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