Word: landmark
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Dates: during 1980-1989
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...acted in part because Congress failed last year to pass legislation that would reform the 1933 Glass-Steagall Act, which erected walls between the banking and securities businesses. The landmark statute is widely viewed as outdated, but many legislators, including Texas Democrat Henry Gonzalez, chairman of the House Banking Committee, contend that the Fed has wrongly usurped congressional powers to oversee the banking industry...
That may well be the way in which the gas tax becomes more attractive: by default. "Everything else is worse," says economist Lester Thurow, dean of M.I.T.'s Sloan School of Management. For instance, Congress will be loath to fiddle with personal income tax rates so soon after the landmark Tax Reform Act of 1986. And while additional "sin" levies on alcohol and tobacco will be an option, they would raise far less revenue than a comparable gasoline-tax hike. At the same time, a national sales tax would be a complex experiment that lawmakers seem unlikely...
...months, proabortion advocates have been desperately trying to harness the anger of women like Lori. The reason: they fear that the high court, with its newly conservative majority, may tamper with the landmark Roe v. Wade ruling, which legalized abortion nationwide in 1973. Last week the court seemed to take a tentative step in that direction by announcing that it will hear Webster v. Reproductive Health Services. The case involves a 1986 Missouri abortion law that would have put a number of obstacles in the way of a woman seeking abortion...
...nine Justices take up a case that could lead them to overturn the landmark Roe v. Wade decision of 1973, pro- choice forces are mobilizing their troops...
Daly said a group called Friends of the Somerville Theatre has formed to ask to have the cinema, which is one of the oldest continuously operating movie theaters in the country, declared a historic landmark. "I favor what they're doing, but I will not actively support them," he added...