Word: iras
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Dates: during 1990-1999
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...annually. (That's more restrictive than House Democratic Leader Richard Gephardt's $75,000 limit and the GOP's proposed $200,000 ceiling.) Third, Clinton would allow families earning $100,000 or less to place up to $2,000 a year in an Individual Retirement Account (IRA) -- with the new provision that the money could be withdrawn for educational and other family-related purposes without paying taxes. Finally, he promised to rechannel some federal funds into direct grants for job-training.Payment for all this, as predicted, would come from steep budget cuts at the department of Energy, Transportation and Housing...
...Carol Rasco, the President's top in-house economic and domestic-policy advisers. White House officials, however, insist that the downgrading and reshuffling of the agenda does not reflect badly on Mrs. Clinton. As a senior official explained last week, Panetta's decision "was less about Hillary than Ira," as in Ira Magaziner, the aide who masterminded the Clinton plan and whose manner alienated potential allies on Capitol Hill. Today the First Lady acknowledges that any reform that might emerge from the new Congress must take an "incremental approach" -- the kind of change proposed by Republicans as a counter...
...week with their erstwhile mortal enemies -- the leaders of Sinn Fein, the British government announced today. The announcement, a major step in Ireland's peace process, comes three months after theIRA declared a cease fire. It represents a change of heart for the British, who have insisted that the IRA state clearly that it is permanently laying down its arms -- something Sinn Fein leader Gerry Adams has refused...
...private world." Guralnick paints this world with perspective, respect and great decency; it is one of the book's triumphs. "Poor we were," the elder Presley says, "but trash we weren't. We never had any prejudice." Presley may have been easygoing, but when the country performer Ira Louvin called him "a white nigger," Presley stood...
After all the heat about closed-door meetings and the telephone-book-sized plan to reform health care, President Clinton is taking his wife,Hillary, and chief health-care aide Ira Magaziner off the case-- at least officially. White House officials now say Robert Rubin, the National Economic Council chair, and domestic policy aide Carol Rasco will spearhead the effort to craft a new bill. While the move might seem like a cosmetic bait-and-switch to divert Hillary Clinton's critics, TIME health care writerJanice Castrosays it's a major shift. The next bill, she says, will...