Word: hike
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...speaker sent the tax package back to the House Ways and Means Committee on Friday after House members voted to strike from the bill a hike in the capital gains tax. Frezza, however, said the committee is not planning to introduce an altered version of the tax package...
...member of any party, the top priority is to repair the creaking economy, which is burdened by a large public debt and a 14% inflation rate -- three times that of the European Community. Several remedial measures have already been announced, including a 5% income tax hike and a 1% reduction in public spending...
...Joseph N. Hermann (D-North Andover), chair of the State Administration Committee, said the speaker did not ask him to step down if he chose not to vote for the tax hike, but said he would resign to preserve House leadership unity, if necessary...
...Boston) said the package would be attacked heavily on the House floor but will probably pass because of Keverian's strong influence. Last week, key lawmakers, including Senate President William M. Bulger (D-Boston) and House Majority Leader Charles F. Flaherty (D-Cambridge) said the introduction of a tax hike was inevitable...
Lech Walesa is welcomed in the U.S. as a hero and pleads to let "deeds follow words" in Congress. But diplomatic caution and crippling deficits could shut America out of the emerging European order. -- The House swaps a pay hike for an honorarium ban, but the Senate passes on the bucks. -- As the S & L scandal spreads, the spotlight turns on the federal regulator who let the looting continue. -- Tornadoes strike 14 states, devastating Huntsville, Ala., and a New York school...