Word: looming
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...dire today as it was a few months ago. Since his return to office in February from a three-month medical leave, Rudenstine has done significant lobbying in person and by telephone with members of Congress. Deferred interest for undergraduate loans now appears safe, he says, although cuts still loom for graduate students...
...remember seeing my grandmother's prison dress from Auschwitz for the first time when I was very young. It was nothing much to speak of, a simple striped pattern on poor person's cloth. Yet somehow this garment had complexity woven into it as well, a product of the loom of nationalism, bigotry and inhumanity that gave rise to that most unfathomable of evils--the Nazi Holocaust...
...small group of moderate Republicans has met several times with conservative Democrats to discuss how to link any future tax cuts to deficit reduction. Even if G.O.P. moderates succeed in reducing the scope of the $500-per-child tax credit, an enormous tax break for the wealthy would still loom. Democrats charge that more than 50% of the remaining $85 billion in tax benefits in the contract would still go to the 10% of families whose incomes exceed $100,000. The Joint Committee on Taxation estimates the $19 billion cut in capital-gains tax would average only $26.05 for taxpayers...
...whose panel decides whether to forward the nomination to the full Senate, today said he foresaw no roadblocks. Carns listed his own concerns as follows: "The Cold War may have passed into history, but regional instability, terrorism, drug trafficking, crime and the proliferation of nuclear weapons all loom large...
While the political stakes of the devaluation are enormous for Zedillo, they loom large as well for Bill Clinton. Little more than a year ago, the Administration sold NAFTA to Congress by arguing, among other things, that locking in low tariffs would boost the American trade surplus by making U.S. products cheaper in Mexico. Thanks to the peso's plummet, American-made goods could now be as much as 50% more expensive for Mexican consumers. Products from herbal shampoos to frozen desserts sold south of the border will be hard hit. "The peso has been devalued," says Texas...