Word: lids
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Dates: during 1980-1989
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...benefited equally from a 10% rate cut. But both men were corrected by Treasury Secretary Donald Regan, who admitted that a 10% cut in the tax rates benefits those in the higher tax brackets more than those in low ones. The most sensitive issue involved delaying or putting a lid on the cost of living allowances (COLA) under various federal retirement programs, most notably Social Security. Both Reagan and O'Neill knew that the COLA issue was a key to any major budget savings, but neither wanted to be the first to raise it in an election year. During...
...battle for the succession entered a new, uncharacteristically visible phase last month with the death of Party Ideologue Mikhail Suslov, whose influence in the Kremlin had been second only to Brezhnev's. Says an experienced diplomat in Moscow: "While Suslov was alive, he kept the lid on pretty strongly." Alexei Shibaev, 67, a protégé of both Suslov and Brezhnev, lost his job as head of the Central Council of Trade Unions last week. According to rumors, as many as 4,000 Suslov-backed officials may have been fired since his death. Chernenko has moved aggressively...
...Fuji, or flew across an ocean singlehandedly, but Buffett ascribes to them the old allure of glory, bravery, and unadulterated accomplishment He harks back to the days when people were more innocent--more easily deluded, the cynics will say--when there was no People Magazine to pry the lid off luminaries' private lives, thus preventing the public from being led astray by their admiration for less-than-saintly individuals. Romance may not be realistic--but it's nice...
...playing 'Mother, may I?' with federal bureaucrats," said Colorado's Democratic Governor, Richard Lamm. At the same time, a common Republican view was expressed by Indiana Governor Robert Orr, who contended: "A New Federalism is a must or else we'll just blow the lid off the cost of these programs...
WALTHAM--As 200 demonstrators noisily marched and chanted slogans like "put the Lid on Liddy," Watergate burglar G. Gordon Liddy last night denounced the "illusions", under which he said most American people live...