Word: kemp
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...York Representative Jack Kemp sounded a very different note, insisting that deficit reduction should take second place to economic growth. Said Kemp: "We have a central bank that believes that too much economic growth causes inflation." The Canadians heard a rebuttal from Federal Reserve Board Governor Henry Wallich, who warned that economic growth of more than 4% would be inflationary...
...Kemp-Kasten tax reform bill, of which he is co-author, is currently being considered in the House of Representative...
...Although Kemp did not name specific programs that he considered overbudgeted, he called for sharp cuts in subsidies to large corporations and a greater focus on programs that aid the unemployed...
...Kemp, who co-authored the Kemp-Roth tax cut of the 1982 fiscal year, added, "Our tax system doesn't do what it should: raise revenue and stimulate the economy." He advocated a lowering of base rates for both corporate and personal income taxes, as well as a simplification of the entire tax structure...
Throughout his speech, Kemp expressed his confidence in the ability of the economy to remain strong. "I'm incurable optimist," he said. "And if you're looking for bad news you won't get it from...