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Thirty-two members of Congress, among them Rep. Edward J. Markey (D-Mass.), signed on to a letter to OMB Director Mitchell E. Daniels Jr. condemning the cut in funding to the Smithsonian two weeks...

Author: By Alexander J. Blenkinsopp, CONTRIBUTING WRITER | Title: Proposed Bush Budget Cuts Would Gut Harvard-Smithsonian Center | 12/7/2001 | See Source »

According to Shapiro, who said the figures had been leaked by the White House Office of Management and Budget (OMB), the proposed cut has caught the center off-guard...

Author: By Alexander J. Blenkinsopp, CONTRIBUTING WRITER | Title: Proposed Bush Budget Cuts Would Gut Harvard-Smithsonian Center | 12/7/2001 | See Source »

...would be financially defensible and morally compelling for the United States to offer 100 percent debt relief on its own loans to the world’s poorest nations. He wanted to know, was it too late? After quick calls to get consensus from Office of Management and Budget (OMB) Director Jack Law and OMB Deputy Sylvia Mathews ’87, Chief of Staff John Podesta told us if we could meet the President at his current event, we could make the pitch to him on the ride over to the World Bank/IMF meeting. The President accepted Larry?...

Author: By Gene Sperling, CRIMSON STAFF WRITER | Title: Debt Relief, Global Poverty and Larry Summers | 10/14/2001 | See Source »

...market slide that started in March 2000. (Translation: Bill Clinton did it.) In truth, the lack of $46 billion of the missing $123 billion is attributable to lower general tax revenues because of the slowdown. "It's remarkable we have a surplus at all, given the yearlong slowdown," argues OMB director Mitch Daniels. The rest of the shortfall can be traced to Bush's military pay raise, the tax rebate and corporate-tax receipts that Bush delayed to make next year's figures rosier...

Author: /time Magazine | Title: Who Swiped The Surplus? | 9/3/2001 | See Source »

Bush's greatest political peril will come if he and the Congress eat up great hunks of the Social Security trust fund (they are already raiding Medicare, something the OMB report went to great pains to say didn't matter) to meet general operating expenses. The $158 billion Social Security surplus is as tempting to Democrats as it is to Bush, who vowed again last week to increase defense and education spending. But there's a compelling reason to hold the line. Neither party wants to be at the wrong end of attack commercials next fall saying it sold...

Author: /time Magazine | Title: Who Swiped The Surplus? | 9/3/2001 | See Source »

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