Word: cutting
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Dates: during 1990-1999
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...Cambridge schoolmate, Edward King, in his famous elegy, Lycidas. King (who also died at sea) was no Kennedy, but he was a handsome young cleric and a poet on the verge of a great career. Milton's lament was for King in particular and for youth in general, cut off at a moment of high momentum...
Last week Lee sent another shudder through the tangled relationship. In a carefully calculated statement, he cut away the political fiction that has kept the three parties at peace for nearly three decades. Taiwan, he said, no longer subscribed to the deliberately ambiguous "one China" formula that deemed the Chinese mainland and Taiwan two parts of the same country. From now on, declared Lee, Taiwan intended to operate on a "state-to-state" basis with the mainland, demanding that Beijing treat the island as an equal. This "clarification" to Beijing's ears seemed touchily close to a declaration of independence...
...This increase in endowment payout has given us a unique opportunity to solidify our commitment to medical education at a time when traditional funding sources are being cut back," Martin said in a statement...
...Republican moderates decided to spare neophyte Speaker Dennis Hastert the embarrassment. In exchange for a hastily scrawled amendment tying the later years of a 10-year, $792 billion tax cut to promised reductions in the national debt, the "Hell no" folks said "What the heck" and climbed aboard a GOP ship that, says TIME White House correspondent Jay Branegan, won?t sail very far anyway. "If Clinton got this as the final bill, he?d veto it," he says. "This is merely an opening gambit for the most ravenous tax-cutters in the party ?- Bill Archer & Co. in the House...
...numbers for this cut are based on mandatory spending caps that Congress and the White House put in to get the budget deal done in 1997," Branegan says. "They were just stopgaps. For the Republicans to say that they?ll stick to them for the next 10 years - when they?ve already signaled this year that they?re headed out the window - is just unrealistic. Any tax cut based on those figures will be unable to be paid for without deep cuts that neither side is willing to make." The White House knows it, the Senate knows it, and judging...