Word: packwoods
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...Capitol Hill, Reagan's case for the line-item veto suddenly seems a little more convincing. "I used to think the line-item veto was the stupidest idea in the world," says Stephen Bell, former staff director of the Senate Budget Committee. "I was wrong." Republican Senator Bob Packwood of Oregon thinks Congress will eventually be forced to pass the reform. "We're going to be ridiculed into doing it," he says. "I've come to the conclusion that we are not going to be capable of governing ourselves." In discussing the veto, Senator Ted Kennedy recently said something...
...what they would be under Gramm-Rudman). Republicans griped that the package relied too much on taxes. Several critics said the $30.2 billion in estimated savings for fiscal 1988 will hardly make a dent in the deficit for that year, which Congress projects will be $179.9 billion. Senator Bob Packwood, an Oregon Republican, called the budget package a "miserable little pittance." Congressman Newt Gingrich was even more acerbic in his appraisal. "It's a perfect summit deal for Thanksgiving vacation," said the Georgia Republican. "These leaders labored and produced the largest turkey of them...
...agreeable to both parties. Neither side wanted to raise revenues by increasing rates on income taxes, which the President would almost certainly veto. "They say the first things the man downtown will ask are 'What kind of taxes are there?' and 'How much are they?' " acknowledged Republican Senator Bob Packwood of Oregon. Thus any new taxes will include the closing of loopholes, the imposition of larger fees for Government services, and similarly innocuous revenue raisers. For example, under the Democratic proposal, the income tax deduction for interest on home- equity loans would be limited to the first...
...topic of Social Security cuts is such a hot item the negotiators refer to it as "the unmentionable." Asked who made the suggestion, Sen. Bob Packwood (R-Ore.) said, "I think the Senate chaplain left...
...They say the first things the man downtown will ask are what kind of taxes are there, and how much are they," said Packwood...