Word: momentum
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Dates: during 1970-1979
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...then most of the stimulus of the tax rebates would be gone. At best, the Government would be putting into the economy only as much money as it was taking out in energy taxes. The Administration appears to be gambling that recovery will have picked up enough momentum by early 1976 to make further stimulation unnecessary. That could occur, but only if consumer confidence recovers, and early reactions to Ford's plans are not reassuring. Consumers seem to be more confused than anything else. A common view is that the President is giving them new money with one hand...
...uprising was within Democratic ranks, since that party has an overwhelming 291-144 majority, which permits it to organize the House. The momentum for change was largely generated by the Democratic victory in last November's elections, which impressed the House leaders, especially Speaker Albert and Majority Leader Thomas ("Tip") O'Neill, with the strength of the apparent national desire for more decisive congressional action. The election also brought in 75 Democratic freshmen, unawed by power cliques and eager to make their own marks. Abetting both groups were long-restive re-elected liberal Democrats...
...reform also is needed to sustain the upward economic momentum started by a refund of 1974 taxes. As a down payment on comprehensive tax reform, withholding tax rates should be reduced through a formula equivalent to the $70 income tax credit for each member of a family, up to a maximum of $375 per household, as suggested by the President's Labor-Management Advisory Council...
...score stood deadlocked at 60 and Harvard had the momentum, but unfortunately, there were still ten minutes left in the game...
...organized in a traditional way," Ron Burns, a member of the core committee, says. "The traditional way is to talk to people, use (union membership) cards, and build momentum. That...