Word: bill
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Dates: during 1980-1989
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...FSLIC now has $1.5 billion in cash, down from $4.6 billion at the end of 1985. That decline is sure to fuel congressional efforts to bolster the federal insurer's reserves. A bill that would provide the Government agency with $12.5 billion during the next two years could pass the Senate as early as this week, and the House is working on similar legislation...
...perfectly expressed this season by Jack Haley, the UCLA center, who admitted, "When I first came here, I didn't know that Lew Alcindor and Kareem Abdul-Jabbar were the same person." Coach John Wooden's ten championships over twelve seasons -- the great '60s and '70s stewardships of Alcindor, Bill Walton and Sidney Wicks -- are distant memories. The last three dominators to frequent the Final Four -- Virginia's Ralph Sampson, Georgetown's Patrick Ewing and Houston's Akeem Olajuwon -- won one title among them. Other sports only talk of parity...
...successful in the next phase of American politics, candidates and parties must come up with specific, tough-minded solutions to well-perceived problems. It will take great sifting and discipline. The recent congressional override of Reagan's veto of the clean-water bill suggested hearts in the right place (the public considers clean water a necessity, not a luxury, and is willing to sacrifice for it) but minds not yet tough enough to resist temptation (the bill was a nice display of logrolling...
...bill for emergency aid to the homeless was passed by Congress last month. That was not tough-minded either, since the $50 million to be spread around the entire country can hardly solve the problem. But the symbolism was important. In a nation that prides itself on its economic comeback from recession, the spectacle of people huddling around trash-can fires is ethically embarrassing. One makes five or ten serious moral choices (give money, pass them by, what?) on the way to work, and as many coming home, and the conscience at last is frayed. Says Massachusetts Governor Michael Dukakis...
...Welfare" was at least one of the things wrong. It meant a morality of entitlements, people getting something for nothing. It meant the unfairness of ordinary people paying the bill for the noblesse oblige of an elite. The Great Society eventually became institutionalized, even when the nation's economic growth flattened out and the middle class began losing ground. That dissonance helped to create Ronald Reagan. Americans bought the Reagan solution: cut welfare programs, or at least slow their rate of increase, to strengthen defense and give people more to spend through tax cuts. Says Daniel Yankelovich, the public opinion...