Word: gop
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Dates: during 1990-1999
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...GOP assault on public health and safety regulation is two-pronged. First, they want to prevent government agencies from accomplishing their goals simply by cutting their funding. Without money to hire employees, investigate health and safety risks and enforce statutes, these agencies will be toothless. For example, House legislation slashes the EPA budget by one-third, to $4.9 billion dollars. In contrast, President Clinton has proposed a modest increase in the EPA budget...
...second GOP tactic is to specifically limit rules and enforcement procedures that government regulators can use. Most of these restrictions patently serve specific industries. For example, oil and gas industries benefit from legislation that would block EPA programs designed to lower gasoline consumption, mainly by reducing automobile commuting and promoting increased fuel efficiency...
...GOP also proposes to rescind laws requiring polluters to pay for cleaning up their own toxic waste. Usually, Republican philosophy is to make the public pay for the externalities and vices of the private sector, but the current budget-cutting fever in Washington has led to even more perverse policy. Since the government's funding of toxic dump cleanups would also be severely reduced, many dumps would not be cleaned...
...Republican environmental and public health agenda clearly illustrates who the GOP represents. Their professed commitment to the middle class is a ridiculous fabrication. The harlotry of Gingrich and his ilk makes Heidi Fleiss and Divine Brown seem chaste. And while these politicians turn tricks for big business, the rest of America and its posterity get screwed...
...make $102 billion in loan payments when they come due Wednesday and Thursday. The Treasury will auction securities to raise the money and borrow most of the rest from two government retirement funds. Borrowing allows President Clinton in effect to temporarily raise the debt ceiling while vetoing a GOP bill loaded with politically unpalatable amendments. But the strategy has a price: "They have to pay back the money they borrowed plus the interest lost while the money was gone," says TIME's Adam Zagorin. Still, he adds, it's not yet clear whether paying back the retirement fund money would...