Word: hike
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Dates: during 1980-1989
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Legislators have called the proposed budget financially unsound because of its dependence on a $604 million tax hike that Dukakis proposed last month. Opponents of the plan also criticized its provision for $495 million in savings that includes a plan to recover $227 million by tightening Medicaid eligibility...
...vote and Wright's subsequent announcement came after Majority Leader Thomas Foley (D-Wash.), presiding over yesterday's session, refused to recognize a pay-raise opponent who wanted to introduce a resolution calling for a vote on the hike...
...Dukakis budget plans come in the wake of negative reaction to the governor's proposal for a $604 million tax hike for next year. The tax plan would raise revenue by increasing taxes on alcohol, cigarettes and capital gains...
When last faced with the opportunity to turn thumbs down on a salary hike, the Senate in 1987 voted 88-6 against a $12,100 increase -- fully confident that the House would save the day. After Representatives denounced the raises in furious speeches, the House also rejected pay raises in a voice vote. There was only one hitch: the debate took place after the 30-day waiting period had expired and the raises had already gone into effect...
...Management. For instance, Congress will be loath to fiddle with personal income tax rates so soon after the landmark Tax Reform Act of 1986. And while additional "sin" levies on alcohol and tobacco will be an option, they would raise far less revenue than a comparable gasoline-tax hike. At the same time, a national sales tax would be a complex experiment that lawmakers seem unlikely...