Word: gop
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...GOP job-stimulating strategy represents a top-down approach: providing essentially greater tax savings to the business sector with the expectation that, by extension, this subsequent improvement in its financial performance will-to use an overused and much-maligned cliche (please forgive me)-trickle down to American workers. There's nothing wrong with that idea. It's laudable goal and a positive approach to job-stimulation. Though there's significant debate within academic and political circles about the magnitude of the benefits from such an approach, there's no denying that there are positive repercussions for employment generated by improving...
...approach to job stimulation. There are two basic aspects to the problem of job-stimulation. The first is the reluctance of the private sector (for many reasons stemming from strong competitive pressures, excessive regulation, etc.) to increase its use of labor relative to its historical demand for labor. The GOP proposes to address this aspect of the jobs problem through the mechanism of the capital gains...
...majority. Exon, who first won the seat in 1978, cited "the ever-increasing vicious polarization of the electorate" as a major reason for his departure. Sen. Alfonse D'Amato (R-N.Y.), who chairs the national Republican senatorial committee, said winning Exon's seat would be a GOP priority. D'Amato's Democratic counterpart, Sen. Bob Kerrey of Nebraska, now has to comb his largely Republican state for a replacement. Says TIME congressional correspondent Karen Tumulty: "It's just one more headache the Democrats don't need...
...million package, expected to pass the House by month's end, would help fund $190 billion in tax cuts over five years, most of them for a $500 per child tax credit for families earning under $200,000. But TIME congressional correspondent Karen Tumulty notes that the GOP has avoided saying which programs would be hit. She adds that the bill -- a key part of the "Contract With America" -- might follow the balanced-budget amendment to the Senate graveyard: "Even among Republicans in the Senate, a lot of people are saying we shouldn't be cutting taxes when...
Tumulty says the Republicans had advertised a plan to kill $206 million for six new veterans' hospitals to show they could be tough on their own constituents. But by today's vote, GOP House leaders decided instead to cut two-thirds of this year's funding for Americorps, President Clinton's cherished national service program...