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Money to do that will be easy to come by for both sides, however, if the fate of the House still hangs in the balance. The Federal Election Commission has indicated that big donors who gave the maximum before the court ruling can start all over again for the runoffs. And every sort of special interest can be expected to descend on Dallas and Houston, airlifting in bales of contributions. "The amount of money that's going to be dumped into that state after the election will be awesome," says Elizabeth Wilner, who follows House races for the Cook Political...
Each economist sketched ways to put his theoretical findings to practical use. Mirrlees, 60, who has taught in Africa, Pakistan and the U.S., devised an income-tax system that was intended to provide the maximum amount of revenue. And to the surprise of this former adviser to Britain's Labour Party, his own theory led to the conclusion that a progressive tax is not necessarily the best...
...budget, according to numbers released by the Republican-controlled House Economic and Educational Opportunities Committee, increases Pell Grants to their highest levels ever. The maximum size for these grants was increased...
...third alternative, forged among centrist environmentalists, Governor Angus King and the big landowners, emerged in June to blunt both extremes. Under the Compact for Maine's Forests, big timber companies could clear-cut no more than 1% of their land each year, and the maximum allowable clear-cut would shrink from 250 to 75 acres. More important in the long run, they would abide by voluntary standards to preserve sustainable levels of tree harvesting, and protect soil, water and biodiversity. The compact also would create a compliance system managed by independent auditors...
ARRESTED. ROBERT KIM, 56, civilian Navy computer analyst; on charges of passing classified documents on North Korea and U.S. policy to a South Korean attache; in Alexandria, Virginia. Kim, a South Korean native, became a U.S. citizen in 1974. He faces a maximum 10-year jail sentence if convicted...