Word: impacting
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Dates: during 1980-1989
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...package of tax hikes and loophole closings is needed to lessen the impact of what is already certain to become another record for the Administration: the nation's largest budget deficit. Reagan's own 1983 budget would have produced a deficit estimated by the Congressional Budget Office at $121 billion. When even leaders of his party rebelled at all that red ink, he supported spending cuts and tax increases that still are expected to leave a deficit of at least $105 billion. Democrats are refusing to support any tax increase at all in an election year. Some...
...Washington, President Ronald Reagan took another step toward restoring normal relations with Argentina. He announced an end to economic sanctions imposed on that country by the U.S. on April 30. The sanctions had blocked U.S. Government loans and credit guarantees for exports to Argentina, but had little impact on the Argentine economy. Said Reagan: "It is important now for all parties involved in the recent conflict to put the past behind us and to work for friendship and cooperation...
South Africa's racial policies have been denounced by black and mixed-race clergy and by many English-speaking white Christians. But that has had little impact on the dominant Afrikaners. Their three Dutch Reformed churches, especially the large Nederduitse Gereformeerde Kerk (or N.G. Church), have conferred a consistent moral endorsement on racism. "The church was the bastion of white supremacy, especially after the Boer War and the Depression," says Smith...
Concluding his book. MacNeil addresses the only major event of the times on which he did not report: the Vietnam War. It was an event which he experienced like everyone else, by watching TV, but it had the greatest impact on his outlook on television news and his own career...
President Reagan believes that lower taxes can free money for investment and give a boost to business. Following his lead, Congress last year passed big corporate and individual tax cuts. So far, high interest rates have thwarted the impact of those tax breaks. If, however, Congress can bring rates down by slowing Government spending, many economists, like Rudolph Penner of the American Enterprise Institute, believe that the new tax legislation will increase investment...