Word: foley
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Dates: during 1980-1989
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Attorneys at Foley, Hoag and Eliot, a large Boston firm, took on the landmark school desegregation case that has dominated the Boston political agenda since 1974. And they took it free of charge, says one of the firm's lawyers, because they were concerned about the "impact on the community where that discrimination took place...
House Speaker Thomas Foley privately proposed dropping the hundreds of extraneous spending programs -- and the capital-gains cut -- from the budget- busting bill. But Darman turned down the offer, thinking he could get the kind of trimmed-down budget he preferred as well as the capital-gains cut. When it became clear the Administration would be charged with favoring capital gains over budget cutting, Darman relented. But by then it was too late to stop sequestration from taking effect...
...mechanistic approach like Gramm-Rudman is not the real solution to the budget deficit. Says Speaker Foley: "No amount of tinkering with the legislative process can substitute for a commitment to get spending under control. Some people look to procedural changes to get us out of our current mess. Will is what's required." There are no shortcuts on the road back to fiscal responsibility and economic health...
House Speaker Tom Foley (D-Wash.) said Democrats had not decided on their next move. House Democratic Whip Bill Gray (D-Pa.) said he did not think Democrats would attempt to add similar abortion language again to the same bill...
Although the White House argues that lowering the capital-gains rate would spur economic growth, many economists predict that it would add billions to the deficit over the long term. That was the least of considerations, however, in the White House and Congress. Says Speaker of the House Tom Foley: "I see little or no evidence that the Administration is pursuing serious deficit reduction...