Word: archer
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Dates: during 1990-1999
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...surcharge limited to those costing more than $250,000, which exempts virtually all of the ones built in his state. Dole has received at least $4,250 from the two manufacturers. Dole also got special treatment for an old friend -- Dwayne Andreas, president of the Archer-Daniels-Midland Co. ADM produces 70% of the country's ethanol, a gasoline substitute distilled from corn. The Senator protected an existing 60 cents-per-gal. tax credit that goes to the firms that turn the ethanol into the gasohol used in cars. Andreas and ADM's PAC have contributed $10,000 to Dole...
Most Republicans find the idea of raising income taxes anathema -- unless they can get a capital-gains tax cut in exchange. That swap was contemplated during the long-running budget summit, but discarded as politically unfeasible. It resurfaced briefly last week, when Republican Congressman William Archer of Texas claimed that Bush had said "without equivocation" that he supported Archer's plan for lifting the top income tax rate to 31% while slashing the tax on capital gains to 15%. Once again the trade-off was shot down. The main reason: Archer's plan would lower taxes on incomes over...
...little reassurance from Washington, where the House last week rejected the long- negotiated $500 billion deficit-cutting package, triggering a government shutdown and the furloughs of thousands of federal employees. "The government looks like it has lost control of the country," says Dwayne Andreas, chairman of the agricultural conglomerate Archer Daniels Midland...