Word: barreled
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Dates: during 1990-1999
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Chernomyrdin rejects the spate of warnings, including some from Lebed, that Russia's economy is heading for a crisis later this year because of Yeltsin's campaign promises. "There will be no crisis next fall," he says. Maybe not. While Yeltsin made a lot of pork-barrel promises, no one knows how much he has actually paid out. International Monetary Fund officials say Russia was within its guidelines for June...
...first official estimate placed the project's price tag at $2.5 billion; today, the total costs are estimated at $8 billion, making it the largest publicly funded project in the United States today. In 1987, then-President Ronald W. Reagan cited the project as an example of pork-barrel spending and vetoed federal funding for it--but the veto was overridden thanks to the enormous clout of the Commonwealth's Democratic heavy-weights on Capitol Hill, Sen. Edward M. Kennedy '54-'56 and the late Speaker of the House Thomas M. "Tip" O'Neill...
...less than $1,000 until 1966; tuition alone was less than $1,000 until 1985. The understanding was that states would charge a student only about a tenth of the actual cost of educating him or her in a public university. State universities were fantastically good politics: pork-barrel construction projects and middle-class entitlement programs rolled into one. Most states committed large portions of their budgets to subsidizing their universities...
Yeltsin uses another tactic to calm the anger he encounters--an immediate dispensation of funds. In the U.S. such pork-barrel spending is usually hidden in a maze of worthwhile legislation. In Russia, Yeltsin earmarks billions of rubles with abandon. In just the past several weeks he has signed a decree giving a $5 billion subsidy to farmers and has said commercial electricity rates will be cut in half. Those big items are ruinous enough, but Yeltsin's aversion to fiscal sanity goes further. In Yaroslavl, for example, he pledged $700,000 to house veterans of the Afghanistan...
...repeal the Clinton gas-tax hike of 1993. Now Gingrich believes he has found something even more popular to roll back: beer taxes. At a meeting in his office on May 3, Gingrich discussed the idea of repealing George Bush's 1990 hike in tax on beer by the barrel. The Bush beer tax raised the price of a six-pack 16'. Gingrich believes a beer-tax cut, plus the gas-tax cut, is a sure way to help the G.O.P. court Joe Six-Pack and other American voters. Democrats are fuming, partly because they didn't think...