Word: hiked
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Harvard and MIT drew about 12 percent more early action applicants this year. Princeton has a 6 percent hike. Yale had a 50 percent increase, but officials attributed that in part to mailing inefficiencies last year. Brown, which last year had a 33 percent jump, leveled off with a 14 percent decrease...
...downplay the incident and insisted that there were no substantial disagreements among Administration policymakers. Nonetheless, economists like Walter Heller, who served as chairman of President Kennedy's Council of Economic Advisers, feared that Reagan was unwisely disregarding Feldstein's warnings about the need for a tax hike...
...have predicted a $650 million surplus by the end of fiscal 1985 and an early repeal of the surcharge. In Indiana, Republican Governor Robert Orr called the state legislature into special session last December to avert an estimated 1983 shortfall of $452 million. The result: a $1.8 billion tax hike, the largest in Indiana history, and painful delays in state payments for schools, universities and local subsidies. The state finished the fiscal year $60.4 million in the black, with forecast surpluses of $96.1 million in 1984 and $126.9 million...
...Ohio, Democratic Governor Richard Celeste helped beat back a projected 1983 deficit of $528 million by tacking an additional 90% onto the state's personal income tax. Despite the size of the hike, deficit-weary Ohioans soundly rejected a tax repeal referendum earlier this month. The state ended the fiscal year with a $43.6 million surplus and is now looking forward to a combined bonus of $80 million in fiscal...
...They've made a foolish gesture, subject to misunderstanding in their districts." Indeed, after two days of rebuke by their leaders and angry buttonholing by the powerful education lobby, all but twelve of the dissident Democrats came back to the fold. The continuing resolution, with a $1 billion hike in education and other social programs attached, passed the House...