Word: lott
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...troubled" by President Clinton's pardons, Attorney General John Ashcroft announces that the Justice Department will review its pardon procedures to ensure that crime victims and federal prosecutors are made aware of pardon or commutation applications. Meanwhile, pledging continued investigations into the pardons, Senate Majority Leader Trent Lott says Congress must not "walk away" from the work left to be done...
...voters. But layoffs, slipping economic indicators and a blessing from Fed Chairman Alan Greenspan made the idea credible--and now Washington can smell a big tax cut the way hogs smell slop. Politicians are scrambling to the trough. Some of their schemes are well-intended--Senate majority leader Trent Lott wants to change the alternative minimum tax so it doesn't take such a big bite out of middle-class taxpayers--but all of them threaten to grow the beast. Lott's plan would bring Bush's plan to $1.8 trillion; House majority leader Dick Armey would inflate the cuts...
...voters. But layoffs, slipping economic indicators and a blessing from Fed chairman Alan Greenspan made the idea credible - and now Washington can smell a big tax cut the way hogs smell slop. Politicians are scrambling to the trough. Some of their schemes are well-intended - Senate majority leader Trent Lott wants to change the alternative minimum tax so it doesn't take such a big bite out of middle-class taxpayers - but all of them threaten to grow the beast. Lott's plan would bring Bush's plan to $1.8 trillion; House majority leader Dick Armey would inflate the cuts...
...theory, it is. But the way Bush and Trent Lott see it, it's really a spending trigger - just a built-in excuse for more government spending down the road, until there's no tax cut at all. Conservative Republicans are pretty adamant about this money, that once it's taken off the table for tax cuts, it stays off the table...
...their lips at the sight of all this momentum for tax cuts, want to add $800 billion to $1 trillion onto it, in the form of business tax breaks. And they feel that if Bush is trying to stimulate the economy, businesses need tax breaks too. Bush is resisting, Lott is resisting, but these are the Republicans' best friends - and they've never been resisted before...