Word: limited
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...recent weeks Congress has grown uneasy about the size of the deficit, but instead of acting to limit spending, a movement is gaining ground to reduce or delay the $25 billion tax cut that Carter plans for October. Doing that might crimp the growth of the economy. It would be far better to reduce spending and use part of the savings to cut taxes...
...macho" attitude in the United States currently is hindering our attempts to limit the production of armaments, Sen. John C. Culver '54 (D-Iowa) said yesterday before a group of about 40 people in a meeting sponsored by the Center for International Affairs...
...seems, quite a few Representatives are still trying to abolish the limit on outside income. In particular, it is resented by Congressmen who also are lawyers. There are 222 of them in the 435-member House, though only 42 earned more than $8,650 a year from their practices. The limitation also applies to members who have sizable outside incomes from speaking fees and from businesses that are not owned by them or their families. Says Illinois Democrat Morgan Murphy, who made $60,000 a year in fees from his Chicago law firm: "The abuses and scandals that have...
Spontaneous taxpayer crusades are popping up from Connecticut to Oregon. In Idaho and Arizona, homeowners are pushing petitions to limit property taxes. In Florida, a proposed state constitutional amendment would force a 29% rollback in local property taxes and require a two-thirds vote of the legislature to increase taxes in the future. Legislatures in at least ten other states are considering property-tax relief of one form or another...
Last year Colorado passed a law to do just that by limiting the growth of state spending to no more than 7% annually. Earlier this spring, Tennessee adopted a similar restriction. In November, Massachusetts voters will decide on a proposal of their own: to limit spending increases to the rise in the state's personal income. These are sensible approaches. Putting a lid on spending is a far more effective way of providing relief than merely trying to restrain property taxes...