Word: debts
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...appointed Fed chairman on his side) and Republicans as the fiscal profligates. The boomers already got their money in 1981; now that they?ve got leftovers, they want to squirrel some of it away for when they get old. For when their kids get old. To pay down the debt they ran up then, beating stagflation and the Russians. What the Republicans are offering now is what everyone needed -? and already got -? 18 years...
...interest rates, did throw his party fellows a few tidbits: Even a big tax cut, properly phased in, wouldn?t spark inflation. And it certainly would be preferable to frittering it away on new spending programs. But give Big Al his druthers, and he?d rather pay down the debt. It isn?t surprising that the Fed Chairman, whose speeches are the economic equivalent of Rorshach tests, left both sides with enough soundbites to claim his support. On his list of preferences, the tax cut ranks second. The Clinton plan certainly bears some characteristics of a spender?s plan ?- that...
...Even fellow Republican and economic icon Alan Greenspan is in on the finger-wagging. In testimony before the Senate Banking Committee Tuesday, the Fed chairman more or less repeated what he told the House last week: In this time of economic plenty, tax cuts aren?t bad, but debt repayment ?- and preparing for boomers? retirements ? is a whole lot better. And while the Senate leadership shouldn?t have much trouble ramming their bill through by Thursday, Republicans will eventually have to face down the critics in their own party. "The two bills are very different packages," says Branegan, "similar only...
...school officials hope the bolstered endowment payout will prove to be a life raft for teaching hospitals sinking into debt...
...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...