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Likening the bill to a bear bouncing back and forth in a shooting gallery, Darman said, "There will be additional shots at the bear, but the bear will continue to move in the right direction." The most potent argument against too much tampering is the desire to keep the top tax rate at 27%. Some supporters hope to reach an agreement that will prevent any Senator from offering loophole-opening amendments without specifying how to make up for any revenues that might be lost. If a budget has been passed by then, such trade- offs would be mandatory under...

Author: /time Magazine | Title: Wow! Real Tax Reform! | 5/19/1986 | See Source »

...fact, Reagan's popularity is so easily explainable as to be utterly banal. As top campaign adviser Richard Darman noted at a post-election Kennedy School of Government roundtable, when the economy is prospering and you're at peace, you're 80 percent of the way there...

Author: By Michael W. Hirschorn, | Title: An Insider's Election? | 9/19/1985 | See Source »

Reagan, noxious as he may be otherwise, had done little more than reconstitute JFK's rhetoric in his earnest BSing about "morning in America" and "America is back, standing tall." Tony Goldman's Newsweek book finds particularly significant a June 1984 Darman memo which advises...

Author: By Michael W. Hirschorn, | Title: An Insider's Election? | 9/19/1985 | See Source »

...agenda during most of his first term, stood by passively as his top advisers rearranged themselves. The reshaped White House staff, now headed by Donald Regan, has proved less adept at sniffing out and averting trouble than the first-term damage-control team of James Baker and Richard Darman, now the top men at Treasury. "Darman was very careful at keeping the President's rhetoric under control," says a high Administration official. The new staff, by contrast, favors a combative tone, and that tone has begun to backfire. White House Director of Communications Patrick Buchanan in particular has urged...

Author: /time Magazine | Title: Scratches in the Teflon | 5/6/1985 | See Source »

Meese's former colleague in the White House upper echelon, James Baker, was handily confirmed as Treasury Secretary last week by a 95-to-0 vote, and another former presidential aide, Richard Darman, was confirmed as Deputy Treasury Secretary. Meese is having a considerably tougher time, but despite his long ordeal, he is expected to win the committee's approval this week and Senate confirmation some time this month...

Author: /time Magazine | Title: Not Quite a Beacon | 2/11/1985 | See Source »

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