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Word: pacts (lookup in dictionary) (lookup stats)
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...Saturday Bush vetoed the resolution, calculating that the outcry from outraged citizens denied access to Social Security offices, national monuments and federal services would stampede Congress into quickly adopting a budget resolution along the lines of the defeated pact. After an attempt to override the veto failed, negotiations between Congress and the White House resumed. To break the impasse, it appeared for a time that the factions might agree to a trade: Democrats would go along with a cut in the capital-gains tax favored by the President; Republicans would accept the hike in income taxes on the wealthy that...

Author: /time Magazine | Title: 1,000 Points of Spite | 10/15/1990 | See Source »

...plan's biggest flaw was its perceived failure to distribute the burden equitably. Its reliance on regressive taxes like the levy on gasoline meant that the brunt would fall on low- and middle-income taxpayers. The White House and congressional leadership had hoped to overwhelm qualms about the pact's fairness by arguing that it was the best compromise that could be achieved. But as soon as the plan was presented, the Administration, House Speaker Tom Foley and minority leader Robert Michel promptly found themselves absorbing fire from left, right and center. The plan's Medicare component immediately became...

Author: /time Magazine | Title: 1,000 Points of Spite | 10/15/1990 | See Source »

...sheer lack of political courage frustrated a deal. By last week the Oct. 1 deadline for the $100 billion sequestration had raised the pressure to such suffocating levels that politics should have been choked out of the equation. Instead the negotiations grumped into the weekend amid fears that the pact made at the top might be undone by the congressional rank and file...

Author: /time Magazine | Title: Down to The Final Wire | 10/8/1990 | See Source »

...established the Warsaw Pact. Vyacheslav Mikhailovich Molotov, the Minister of Foreign Affairs, was instructed to prepare some proposals for the organization. He came up with a list of member states that did not include Albania and the German Democratic Republic...

Author: /time Magazine | Title: Khrushchev's Secret Tapes | 10/1/1990 | See Source »

...Molotov included, favored having the G.D.R. and Albania join the Warsaw Pact...

Author: /time Magazine | Title: Khrushchev's Secret Tapes | 10/1/1990 | See Source »

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