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...complete action on a $39 billion package of tax cuts that was pending. So did Republican Dole, who will soon chair the Finance Committee, and Reagan signaled his approval. But Carter threatened to veto any such bill. That effectively killed the legislation and left Reagan free to start anew with his own tax cut ideas in January...

Author: /time Magazine | Title: Nation: The Conservatives Are Coming! | 11/24/1980 | See Source »

...Hampshire retains its quaint mystique, the facade that the media and the politicos penetrate in February of every leap year. Something intangible, but pervasive, emanates from this state of towns carved from foothills. It draws the curious observer, and so eight months after the primary, the search begins anew...

Author: By Laurence S. Grafstein, | Title: Existentialism in Granite | 11/3/1980 | See Source »

Almost 75 years have passed since Admiral Heihachiro Togo, in the climactic encounter of the Russo-Japanese war, sank 20 of the 38 czarist warships that participated in the battle of the Sea of Japan. The echoes still reverberate. Spurred anew by an old tale that Czar Nicholas II's sunken fleet had been carrying a fortune in gold and other precious metals, a team of divers six months ago reached the 8,524-ton Russian cruiser Admiral Nakhimov, in 314 ft. of water 5.5 miles off Tsushima Island, in an area between South Korea and Japan that lies...

Author: /time Magazine | Title: JAPAN: Treasure off Tsushima | 10/20/1980 | See Source »

...patch it up but build it all anew...

Author: By William E. Mckibben, | Title: I Wobble Wobble | 9/29/1980 | See Source »

...growth until mortgage rates declined to about 10%. He did not see that happening before early 1981 at the soonest. The cost of mortgages has fallen to 12% or so from last spring's peaks of as much as 16% in some states, but is starting to climb anew. This might result in a so-called double-dip recession or what Greenspan somewhat puckishly suggested might look like a "wobble-u," or "inebriated L," if laid out in a graph...

Author: /time Magazine | Title: Business: Slow Rebound from Recession | 9/29/1980 | See Source »

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