Word: moynihans
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...Senate bill written by Democrats Daniel Patrick Moynihan of New York and Robert Kerrey of Nebraska would allow workers to divert 2% into investment accounts but would lower guaranteed benefits to what could be financed out of the remaining 10.4%. Feldstein has an even better idea: keep present tax and benefit rates but have the government deposit into individual accounts an additional 2% of each worker's earnings, up to the prescribed annual taxable limit. On retirement the worker would repay Uncle Sam $3 of every $4 he or she had in the account. Taxpayers under this scheme might earn...
...that these new plans offer a majority of workers a more flexible benefits package, opponents say it's a calculated attack on the financial security of millions of aging baby boomers just as they're entering their prime earning years, when pension accruals increase substantially. Democratic Senator Daniel Patrick Moynihan of New York has introduced a bill to require firms to provide adequate information to workers on such benefit makeovers...
Some little things went wrong for Harvard, which was undermanned because of injury. Junior Kate Moynihan was not available to run the 1,500-meter, and sophomore Tara Keck did not run the 800-meter as she usually does...
...chief political adviser. "I'm trying to provide her with information about the New York political situation," Ickes told TIME. "I don't see my function as urging her to run or urging her not to run." Mandy Grunwald, Clinton's media adviser in 1992 and veteran of three Moynihan campaigns, has also been invited into the inner circle. On the day of the Senate's vote on impeachment last month, the President dropped in on the First Lady, having lunch with Ickes--a strategy session at which Hillary instructed Ickes to set up meetings with New York power brokers...
...comes to press relations, the polished Clinton might seem to have a natural advantage over the mercurial mayor, but Giuliani deals with New York reporters every day, albeit icily; Hillary deals with them not at all. "The New York media being what they are," says Bill Cunningham, who ran Moynihan's last campaign, "they would be looking for new ways to bring up old questions." How would Hillary hold up under scrutiny into Filegate, Travelgate, Whitewater, her commodities trades, to say nothing of inquiries about her marriage? On recent p.r.-friendly trips, she has frozen up when reporters pulled...