Word: conrades
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...along a plump apple pie--an apt symbol for the government's bountiful budget surplus, then estimated at some $275 billion. But when Daniels appeared before the panel last week, his estimate of the spare cash fell as low as $160 billion. The committee's new Democratic chairman, Kent Conrad, served some baked goods too. He gave Daniels a modest pear tart with the words "shrinking surplus" inscribed in frosting...
...evening of Wednesday, June 13, Jack Welch, CEO of General Electric, retreated to his room at the Conrad Hilton hotel in Brussels and wrestled with an unfamiliar feeling--one of impending defeat. Just eight months before, he had, it seemed, pulled off a stunning coup. Welch had always coveted Honeywell International, whose business making advanced electronics for the aviation industry, he thought, made a perfect fit with GE, one of three leading global manufacturers of airplane engines. In October 2000, during a visit to the New York Stock Exchange, he had learned that United Technologies Corp.--whose Pratt & Whitney division...
...scientists conclude the universe began with a bang, but they expect there will be no happy ending. I can't see Hollywood rushing in for the film rights. Still, I would be interested in finding out what happened before the beginning and what happens after the end. CONRAD MILL Antananarivo, Madagascar...
...that they control the Senate, Democrats have more opportunities to make that case before the public. "Republicans know it's coming," says the House Democratic aide. Senate Budget Committee Chairman Kent Conrad plans to haul White House budget director Mitch Daniels Jr. before his panel on Thursday and demand that he explain how W. is going to "get us out of this fix," says a Conrad aide. "We'll drive home the point that we warned that this tax cut was too big. But they rushed it through even though the numbers didn...
...Conrad gets ready to grill Daniels, Republicans are putting together a public counterattack of their own, which will be two-pronged. First, "we'll say we're working on it," explains a senior Senate GOP aide. Tax relief is on the way and it will help strengthen the flagging economy. The second prong will put the ball in the other side's court: Democrats complain that the tax cut isn't letting them have enough money to spend on social programs. So they have two choices. They can cut spending or raise taxes. "We'll be asking them this question...