Word: gramm
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Dates: during 2000-2009
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...George W. Bush says he won't veto it. Phil Gramm says he won't filibuster it. Trent Lott says he wants a final vote on it Thursday night. And Tom Daschle says it's got a very good shot...
...real problem with triggers, though, is that there is no guarantee they will work. When it's time for them to kick in, lawmakers sometimes use accounting gimmicks to get around them. The most famous example is the 1985 Gramm-Rudman-Hollings Act, which was passed at a time of surging deficits and required deep spending cuts to be enacted automatically if Congress failed to do the job. "The first time we pulled the Gramm-Rudman trigger, it went off. The second time we pulled it, it went off," former Senator Warren Rudman recalls ruefully. "The third time we pulled...
...hearing, after eight years, "And now for the Democratic response." Dick Armey and Tom DeLay, standing next to each other, were bouncing up and down and looked like they would have hugged each other if they didn't think it would cause them to go to Hell. Meanwhile, Phil Gramm's body literally jiggled as he applauded. They just don't make cowboys the way they used to. Halfway through the speech, I realized that some guy named Dennis Hastert was sitting in Newt Gingrich's chair next to Dick Cheney, then I went back to ignoring...
...without Clinton around, the protest wattage looks awfully low. Big Bad Bill's grandstanding skills were so formidable that GOP senator Phil Gramm on Thursday was blaming last year's pork-barrel budget on "Democrats working with the President." (Um, Phil, weren't you guys in the majority last year?) And this year the tax cut is coming the other way - from Pennsylvania Avenue to a still-unified Republican majority - and it's a few lower-income compromises away from winning over some Democrats as well...
...chairman's second trip up the Hill this year, this time for his semi-annual courtesy call on Phil Gramm's Senate Finance Committee, Greenspan started off with the good news. Though "for the period ahead, downside risks predominate," Greenspan said - despite some surprising January strength, including Tuesday morning's retail sales numbers - the long-term economic picture "remains quite favorable...