Word: democratic
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Dates: during 1970-1979
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...your time comes to go down, then you go down," he explained. With similar stoicism, he has learned to cope with political buffeting. Asked where he stands in the political spectrum, he replied without hesitation, "Right of center" ? words that would not have been uttered by a leading Democrat in a big industrial state a few years...
PENNSYLVANIA. Democrat Pete Flaherty is considered ahead in the Governor's race, partly because he was a penny pincher even before Proposition 13. As mayor of Pittsburgh, he trimmed the city payroll by about 25% and reduced real estate taxes. Even so, neither Flaherty nor his G.O.P. opponent, Richard Thornburgh, is calling for a state tax cut, since Pennsylvania is running a small deficit. Instead, both are proposing constitutional amendments to limit state spending. As U.S. Attorney for Western Pennsylvania, Thornburgh sent some 200 gangsters and corrupt public officials to prison. But one of these, Numbers Racketeer Anthony Grosso...
...rolls. This was the centerpiece of one of the most chaotic finales to a congressional session in memory. As Senators and Representatives fought both fatigue and filibuster, they hurriedly voted on scores of measures in a rush to get home in time to campaign for reelection. Said Connecticut Democrat Abraham Ribicoff, a 16-year veteran of the Senate: "I don't recall an end of session worse than this...
First the upper chamber voted a $4.5 billion reduction to offset the increased Social Security taxes. Then it tacked on an array of special-interest freebies. New York Democrat Daniel Moynihan proposed that the New York State Power Authority be allowed to issue tax-exempt bonds. It passed. Russell Long's Senate Finance Committee had moved that chicken coops built by egg producers should qualify for a 10% investment tax credit. It also passed. Taking up the controversial issue of reducing the tax on capital gains, the Senate turned out to be $1.4 billion more generous than the House...
...liability of such firms by $545 million; the Senate break was a more modest $310 million. This difference was resolved in very hard bargaining between an opponent of the tax break, Connecticut's Ribicoff, and an advocate of the measure, Louisiana's Joe Waggonner, the ranking Democrat on the House Ways and Means Committee. The result: a compromise costing the Treasury $381 million...