NEWT FIGHTS TAX REVOLT

House Speaker Newt Gingrich sternly reminded rebellious House Republicans who are balking on promised GOP tax cuts that President Bush lost his 1992 re-election bid because he reneged on his "Read my lips: no new taxes" pledge. "It destroyed his presidency," Gingrich told a U.S. Chamber of Commerce town meeting broadcast around the country. Gingrich andHouse Majority Leader Dick Armey(R-Tx.) called on voters to put grassroots pressure on the rebel representatives -- 102 of the 230-member GOP caucus -- to "keep our word on theContract." The rebels want to restrict tax credits to families with incomes no higher than $95,000, instead of $200,000. Rubbing salt in the wound, House Minority Leader Dick Gephardt released Treasury Department figures today that say that otherwise, 51.4 percent of the GOP tax package would benefit those with incomes of $100,000 or more. Gingrich says he'll resolve the matter by next week.