Word: gop
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Dates: during 1990-1999
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...congressional Democrats howled: House Budget Committee Chairman Martin Sabo, D-Minn., for example, said the two rate increases would hurt "working men and women who have not seen their wages keep up with the expanding economy." But politically, says TIME economics correspondent Suneel Ratan, the hike tells the GOP's would-be tax-cutters that the Fed and the bond market will call the economic shots. "They're saying everybody has to be wary of upsetting the apple cart," Ratan says. "If the Republicans try to go for popular tax cuts, then the bond market is going to whip around...
...right now and people were spending more, the inflation danger would be much more real than it is now," Rivlin told reporters. "You'd have rapid increases in interest rates, and probably throw the economy into a recession." Republicans fired back: Rep. John Kasich (R-Ohio) said any GOP tax cut would be offset by spending cuts, and tweaked Rivlin for partisanship. "I think she needs to take a chill pill," he said...
Other glimpses into the pending GOP-controlled House: Gingrich invited Democrats to join a ''quality of life'' advisory committee that will rejigger House schedules so members can spend more time with their children. He also said he did not own a black Cadillac he was seen leaving in last week and would eschew the House Speaker's traditional privilege to be chauffeured in one.Post your opinion on theElection '94bulletin board...
Even though outgoing House Majority Leader Richard Gephardt, D-Mo., is the favorite to slip a notch to Minority Leader, other Democrats are looking to move up. Today, longtime North Carolina Rep. Charlie Rose, who narrowly sidestepped a GOP near-sweep of his state, announced he'll challenge Gephardt for the Democrats' top House job. The Rose rationale: the Party faithful might be better off if they?re less faithful to President Clinton. "Our president is not our prime minister, and the (congressional) leaders are not his chief whips," said Rose, a moderate and longshot...
Even though most oddsmakers have called California's Senate race in favor of Democratic incumbent Dianne Feinstein, a Los Angeles Superior Court judge has temporarily halted the count of 500,000 absentee ballots that theoretically could throw the race to GOP challenger Michael Huffington. Judge Coleman Swart said he ordered the pause to try to corroborate a Republican radio talk show host's allegations that undocumented aliens and minors had sent in fraudulent ballots. Meanwhile in Maryland, the gubernatorial contest between Democrat Parris Glendening and Republican Ellen Sauerbrey is down to a snail's-pace absentee ballot count...