GOP plan for massive tax cut dead after House leaders decide not to pursue compromise on bill Clinton vows to veto.

WASHINGTON _ The Republicans' proposals for a massive tax cut are dead.

House Majority Leader Dick Armey, R-Texas, conceded Thursday that once President Clinton vetoes the $792 billion tax cut bill _ the biggest GOP priority in this Congress _ Republicans will not pursue a compromise with him, preferring instead to ride the issue into next year's political campaigns.

``Well, of course, if the president were to veto the bill, that would pretty well kill it for this year,'' Armey told reporters.

Clinton has vowed for months to veto the GOP tax cuts, which he calls irresponsible. He intends to do it next week, when Congress sends him the bill it passed Aug. 5.

``It took them five weeks to figure out that the public was not going to …