Word: moynihan
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...latest hike in the Social Security levy is scrambling Washington's political alignments. Democratic Senator Daniel Patrick Moynihan, a New York liberal, proposes to roll back the Social Security tax from the current 7.65% to 6.55% over the next two years, a plan that would save $600 for workers paying the maximum amount. Moynihan would return the retirement system to a pay-as-you-go basis rather than piling up surpluses ($52 billion in 1989) that are diverted to finance other Government programs and cover up the full size of the federal deficit...
...Crimson editorial staff would do well to focus their considerable talents upon their own publication. As any regular Crimson reader would know, your work is cut out for you. Just do it. Jack Moynihan '91 President, Harvard Independent
...billion of that will be new money. Legislators pointedly exempted the relief funds from the spending cuts mandated by the Gramm-Rudman-Hollings law, but, in a somewhat surprising burst of honesty, agreed to count them as part of the budget deficit. Though New York Democratic Senator Daniel Patrick Moynihan asserted that the relief money will have to be made up by cuts in other programs, that is most unlikely, and no one in Washington will even whisper the T word. Most likely, the $3 billion, and more that California lawmakers warned they will request later, will be financed...
...French quarterly Commentaire will also publish a translation, along with critiques by leading intellectuals such as Jean-Francois Revel. The National Interest, which accompanied Fukuyama's article with responses by such pundits as Allan Bloom (The Closing of the American Mind) and New York's Democratic Senator Daniel Patrick Moynihan, will print two more lengthy reactions in its autumn issue...
Elsewhere, the reaction was outrage. Britain's antiapartheid movement demanded that the rebel players be banned forever. Sports Minister Colin Moynihan advised them not to go, and Tanzanian Foreign Minister Benjamin Mkapa warned that African nations might boycott the 1990 Commonwealth Games...