Word: import
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Many senior members of both parties in Congresshave expressed doubts that the federal budget canbe balanced with spending cuts alone as Reaganprefers. Senate Republicans have recently urgedReagan to consider a compromise including some newtaxes--possibly an oil import...
...forestall such developments, Congressmen from oil and gas states are seeking an oil import fee to raise the price of foreign crude and protect the U.S. energy industry. Says Democratic Senator David Boren of Oklahoma, who last week wrote Reagan urging him to support the plan: "If prices fall further, it will bring our exploration to a screeching halt." At Boren's request, Oregon Republican Bob Packwood, chairman of the Senate Finance Committee, agreed last week to hold hearings on the proposal...
...Administration, however, is squarely against anything of the kind. Reagan has rejected such ideas in the past, and is unlikely to abandon his well-known opposition to tax increases. Said Herrington: "I do not believe an import fee is called for. It's a tax." Instead of taxing oil, the Energy Secretary wants to spur exploration by giving oil and gas firms new tax breaks...
...initially had broad backing. But support waned this fall, when the Administration took a tough stance on free trade and also succeeded in driving down the dollar with the help of other industrial powers. House opponents of the bill argued that the legislation would invite retaliation from countries that import U.S. goods. Nonetheless, the bill's backers feel that Congress, by passing the legislation, has sent a powerful message to foreign nations that they must trade fairly or face U.S. sanctions...
...quarantining of all gays, in the wake of Sisyphist slogans like "Defense of the Soviet Union Begins in Central America!," "Vietnam was a Victory!!," and "Defend the Deformed Workers' State Against Jewish Dissidents!!!," I have brought myself to make a personal decision which is quite possibly of world-historical import. I can no longer stand idly by and allow my fellow students to suffer under the dastardly delusions spawned by Harvard's most attention-getting speechifiers...