Word: federales
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Dates: during 1980-1989
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While no more than 5% of LBOs have so far been failures, an economic downturn could sharply raise the number of casualties. Warned Manuel Johnson, vice chairman of the Federal Reserve Board, in a June speech: "If there were a significant negative shock to the economy, high debt levels could...
Since the election, though, many Democrats have begun to see a certain expediency in welfare for the wealthy. The reason: a cut in the capital-gains tax would produce a burst of revenue for the Treasury, helping Congress meet its targets for reducing the federal budget deficit, at least in...
Many doctors have long suspected that the drug AZT could benefit the estimated 100,000 to 200,000 Americans who are infected with the AIDS virus but who have not yet developed full-blown symptoms. Last week a federal study showed that they were right. "This is the first clear...
But the high cost of AZT -- $7,000 to $8,000 a year -- will make it difficult for any but the wealthy or the well insured to receive the drug. Some state Medicaid programs pay for AIDS treatment only when the disease is far advanced. People who take AZT to...
The sentiment was laudable, but its source was a surprise. There, arguing for the nomination of a black attorney to the Federal Government's top civil rights position, sat South Carolina Republican Strom Thurmond, who had once declared, "There's not enough troops in the Army to break down segregation...